I've been saying for over a month - watch the 200 DMA on McDonald's stock to see if this bottom was indeed a bottom. Now, for the first time in a long while, MCD is above that red line. The big question - can it hold? From the chart - it looks like the stock is trying to consolidate in this range - that's a good sign it will hold the 200 day. However, any break of the red line could send the stock back down the slope.