McDonald’s (MCD) is a well-known fast-food brand founded in 1940, operating in 100+ countries with iconic items like the Big Mac. The stock is showing signs of an ending diagonal pattern, indicating a potential market reversal. A bullish break is expected after a consolidation phase, with key support at 300 and 292, and resistance at 326. The final leg higher may occur before a possible reversal. Ending diagonals suggest a final subwave may be needed for completion before a reversal. This analysis is based on technical patterns and market trends.

Read more at Barchart: Final Leg Higher Before Trend Exhaustion