McDonalds at Make or Break

McDonald's (MCD) better get their act together here because it isn't about the secret sauce on the Big Mac or whether you "want fries with that". It is about the $95 threshold on the stock chart, and whether that can hold. If not then it is likely the stock is going to revisit memory lane and what the $80's were like. 

Currently it is in a downward channel but it is only slightly downward. Break it, and the bears will become much more inspired, particularly if this market can continue doing what it did today. 

Here's the technical analysis on MCD:

McDonalds MDC about to break down 



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