McDonald's may rise to 268.00 - 272.60

244.7 is our pivot point.

Our preference

Short term rebound towards 268.

Alternative scenario

The downside breakout of 244.7 would call for 237 and 232.4.

Comment

The RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the share stands below its 20 and 50 day moving average (respectively at 253.1795 and 256.6652).

Supports and resistances

277.4 **

272.6 *

268 **

263.4

252 (USD-last)

247.7

244.7 **

237 *

232.4 **

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