MCD Approaching Support, Potential Bounce! Long

McDonald's CorporationNYSE

Description

⋅ Feb 14, 2019 9:32 AM

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.