McDonalds Corporation (NYSE:MCD) is Testing Resistance

McDonalds Corporation (NYSE:MCD) is testing longer term resistance.

Investors should pay attention to these tests because tests of longer term resistance levels can often impact the direction of stock prices.  Te rules are:  If resistance holds, expect a decline to support, but if resistance levels break consider them converted support, and as a stop-loss or risk control mechanism from there.

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