HomeMarketsTechnical AnalysisChart of the Day: MCD Double Whopper Downgrade

Chart of the Day: MCD Double Whopper Downgrade

Ben Watson doesn't see a "McFlurry" of selling even as shares of McDonald's (MCD) hit a recent "McDouble" bottom. Shares of MCD are under pressure following a double downgrade from the analyst at Redburn. On a 1-year chart, he points out support at the $300 level but notes that the RSI indicator could be "melting" downward.

Morning Movers

10 Jun 2025

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