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mattybv3

$MCD broke $158.49 resistance, expect to turn support

Long
McDonald's Corporation (NYSE:MCD)  
mattybv3  
NYSE:MCD   McDonald's Corporation
Trend Analysis Chart Patterns mcdonalds stocksignals
2
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trendanalysis chartpattern mcdonalds stocksignals
$MCD broke $158.49 resistance.
Analysts expecting double digit % drop in same store sales on earnings report looks priced in. Was oversold RSI.
6 touches on the downtrend resistance line.
Expecting previous resistance to turn to support on way to $162.50
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