McDonald’s stocks resumed their uptrend move.
Overcoming of resistance level of 92.0 gave buy signal enabling the way towards the level 0f 93.4.
Support level is placed at 90.6, a breakthrough it will provide a signal for buying in the direction of the trend line.
Axel’s Levels for Today:
Daily Pivot Point: 92.09.
If the price is above the pivot point, the asset is bullish.
If the price is below the pivot point, the asset is bearish.
Resistance 1: 92.44.
Resistance 2: 92.76.
Support 1: 91.77.
Support 2: 91.42.
Today, we recommend buying MCD stocks after the resistance level of 92.44 is broken.