McDonald's may rise to 350.00 - 365.00

Pivot

242.00

Our preference

Long positions above 242.00 with targets at 350.00 & 365.00 in extension.

Alternative scenario

Below 242.00 look for further downside with 230.00 & 202.73 as targets.

Comment

The RSI calls for a new upleg.

Supports and resistances

400.00 **

365.00 **

350.00 **

315.00 Last

242.00 **

230.00 **

202.73 **

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