VasilyTrader

MCDONALDS (MCD) On Its Way To Market High

Long
NYSE:MCD   McDonald's Corporation

Very positive forecast for Mcdonalds!

yesterday the market has retested a broken resistance that turned to support.

after that, we see a very strong bullish reaction!
for us, it signifies that most likely in the nearest future the market will reach the current high.

the initial target is 214
the second target is 220

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