The signals for the upturn have appeared for the McDonald’s shares:
1. The formation of patterns “inverted hammer” and “morning star” has received confirmation on the chart.
2. Indicator RSI has reached the oversold zone and turned towards growth.
The nearest goal of McDonald’s upturn is a Fibonacci level of 61.8% (point 240).
This content is for informational purposes only and is not intended to be investing advice.