05.08.2015 - The price of Wendy's could not continue to fall
The price of Wendy's again corrected to the psychologically important level at 10.00. In case of breaking through this level, quotes will continue to fall to 9.00 and 8.50. On the other hand breaking through the upper boundary of descending channel and the level of and 10,60 will lead to a further increase up to 11.60, and 12.00. We recommend to wait for a signal to open new positions, but expect growth of quotations in the near future.