From a technical picture, the stock needs to get above 95 to break above its 200 day moving average. Until that time, the stock is still in bearish control.
From a fundamental standpoint - there are many factors contributing to recent McDonald's struggles, more than can be fixed by changing the CEO. Fundamental changes need to happen for MCD to regain relevance in the national conversation.
I wouldn't be a buyer at these levels. HOLD. The time to buy was around 90. It's not a terrible mistake buying in a 94, but the stock isn't on sale any longer.