09.02.2015 - According to our forecasts McDonald's shares continue to fall

McDonald's stock price corrected upwards in the descending channel. In the near future quotations may reach the level of 95.00. In case of continued upward movement and fixing the price above the level of 95.00 and the upper boundary of the channel, we expect growth of the price up to 97.10 and 99.50. At the moment, there is a great possibility of renewed downward price movement within the channel with the potential decline to 88.00 and 85.00. We recommend to open short positions with a stop above 95.50 and expect a decline of prices in the medium term.

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