19.01.2015 - The price of McDonald's falls within the channel

The stock price of McDonald's company continues to decline within descending channel and currently tries to break through the support level at 91.40. Increase in the price level is limited by 95.00 and the top edge of the channel. According to our estimates downward price trend will continue in the coming months and the price will reach 88.00 and 85.00. The medium-term outlook is also negative.

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