After a pretty good earnings report McDonalds has been correcting a little.

The big question is if it will stay above its 200MA on the daily. We also have a couple of very important points on the pivot points as we are coming to the pivot level along with one of the last Support level.

We are showing some pretty high numbers on the Stochtastics so looking a bit overbought till it drops not too keen on opening more with the markets being so volatile.
Trend Analysis

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