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MCD Approaching Support, Potential Bounce!

Long
McDonald's Corporation (NYSE:MCD)  
TradeGATEHub  
NYSE:MCD   McDonald's Corporation
Trend Analysis Harmonic Patterns Chart Patterns
1
0
trendanalysis harmonicpatterns chartpattern
MCD is approaching its support at 167.49 (100% Fibonacci extension, 61.8% & 50% Fibonacci retracement, horizontal pullback resistance) where it could potentially rise to its resistance at 179.53.
Stochastic (55, 5, 3) is approaching support as well.
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