The stocks of McDonald’s Corp., the largest fast-food chain, are trading at 275.00.

The price is in correction, the probability of decline remains.

On the daily chart, the development of the third wave of the senior-degree wave 3 is presumably completed, and a downward correction is now developing as the fourth wave 4. On the four-hour timeframe, wave (A) of 4 is currently developing, within which the third wave of the lower-degree wave 3 of (A) has already been completed. If this scenario proves correct, the downward trend is expected to continue toward the 265.50–244.40 area, with the critical stop loss level for this scenario at 311.50.