06.02.2015 - Shares of Dr Pepper Snapple Group could not continue to grow
The stock price of the company Dr Pepper Snapple Group, after several unsuccessful attempts to break through the resistance level at 79.50 started to correct downwards. At the moment, the price is falling inside the rising channel and may soon reach its lower limit. The breaking and fixing the price below 74.00, will be the basis for opening short positions with the potential of fall up to 70.80 and 65.50. At the same time fixing of quotations above 80.00, will confirm the buy signal with targets at 86.00 and 90.00 . We expect price growth in the medium term, but recommend to wait for a confirmation of the signal for opening positions.