I've already made some profit with this company and believe in future growth. Current levels seem to be interesting to open a buy position. There is a support level I drew below the current price level, hope the price to go up.
As always using support and resistance levels, I also checked some fundamentals as well as hedge funds and institutional investors' expectations and also because McDonald's is well-known trademark I don't expect it to drop below 170-175, look at horizontal the support line I drew.
So I entered long position and might enter again even if price drops as I believe in...
Looking at the last price drop and current support/resistance levels I do not expect the price to go down below 185? so you may tune your SL to wait until the price go up again.
There are two entrance points: now at 210 and at 200, which is the round number and support level as well.