$MCD - The stock has reached the lower edge of the uptrend channel. Green line at $ 182.9-183 is the resistance line, which has been tested several times during the last 1.5 years. The red line is the resistance line at $213. Over the last week JP Morgan increased its targeting from $180 to $204, SunTrust from $195 → $208, CreditSwiss from $200 → $210. You can try the current prices with short stop below $ 181, Target1 at $195, Target2 at $208-210.
Kommentera:
First target completed on previous week.
All ideas only for information.