Growth is possible.

On the weekly chart, the third wave of the higher level 3 forms, within which the wave (5) of 3 develops. Now, the fifth wave of the lower level 5 of (5) has started, within which the wave i of 5 is developing. If the assumption is correct, the asset will grow to the area of 330.00–350.00. In this scenario, critical stop loss level is 244.42.

Shares of McDonald’s Corp., the largest fast-food chain, are correcting at 293.00.