What do I see in the short term? Watch 95 as a general level. If that level doesn't hold, the moving averages will flip in a bearish way and the stock will head lower. Seeing as this bounce was largely on the basis of the CEO stepping down and not on any concrete numbers to show company wide improvement, combined with the recent announcement to raise wages, I wouldn't be in a rush to buy MCD here.
Rating - HOLD. Look to buy at lower limits.
That said, MCD is currently yielding 3.5% dividend - buying isn't the worst thing you can do with your money.