10.06.2016 -McDonald's price may fall in the near future
Shares of McDonald's show a price correction after breaking through the support level at 124.75. Within the current correction, growth may continue to 124.75 and the lower boundary of the channel which the price has left previously. It should be noted that the probability of decrease increased significantly and fixing of quotations outside the ascending channel will be the basis for the continuation of negative dynamics with the objectives at 116,00 and 110,00. Our medium-term outlook remains positive, despite a likely decline in the near future.