McDonald's Bullish Rest Of 2016On MCD 1 daily chart, a triple bottom pattern has developed at around $114.00 (support). If you look left, you see the ALL TIME HIGH of this stock at $131.96. I believe that MCD will do a Fib Ret to bullish side to $122.00, which is 50% level from last BEARISH trend, noted on chart. Will be looking for chart patterns at S/R area to trade BULLS.
Trade with trend, be patience and get on the BUS which is going in your direction of trade. Good Trading!!
