03.07.2015 - McDonalds may continue to grow to 100.00

The stock price of McDonalds was unable to overcome the level of 95.00 and rebounded from the the lower boundary of the rising channel. In this regard, we expect further growth of price to 98.00, after overcoming of which shares will probably rise to the psychologically important level of 100.00. On the other hand, breaking the lower boundary of the channel and fixing the price below the local minimum at 94.00 will be a signal for opening short positions with a target at 88.00. We expect the price growth in the near future.

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