I hold a bearish view on MCD. Our analysis indicates that the stock has been unable to break through a significant resistance level and has closed below it. With the failure to break out, I anticipate a period of consolidation for this stock, potentially leading it down to around $282.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.