12.06.2014 - Staples can rise within the correction
The price of Staples stabilized around the strong level of 11.00. After a sharp drop with a gap, there is a good chance of the upward price rebound with the first target near 12.00. In case of further decline, the price may reach the lower limit of the downward channel. We expect growth of price to 13.50 in the medium term, but expect continued drop within the channel in the long term.