Stocks

McDonald's is neutral

2024-07-02

Pivot

263.00

Our preference

Short positions below 263.00 with targets at 249.00 & 236.00 in extension.

Alternative scenario

Above 263.00 look for further upside with 278.00 & 285.00 as targets.

Comment

The RSI is bearish and calls for further downside.

Supports and resistances

285.00

278.00

263.00

250.00 Last

249.00

236.00

223.00

Number of asterisks represents the strength of support and resistance levels.

This is not investment advice. Past performance does not represent future performance. Your funds are at risk, please trade with caution and responsibility.


Author:

Paul Reid
Tradingtop

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