The breakout of Mcdonalds Corp. through the resistance line of a Triangle could be a sign of the road ahead. If this breakout persists, we expect the price of Mcdonalds Corp. to test 163.80 within the next 23 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.
After testing resistance twice in the past, Mcdonalds Corp. has finally broken through. Can we expect a bullish trend to follow?
