18.03.2015 - Traders are waiting for the signal to sell shares of General Mills

General Mills stock price continues to decline gradually. At the moment, quotations are consolidated above 52.00 and in the case of fixing quotations below this mark, we recommend to open short positions with the first targets at 50.50 and 48.40. In this case, the stop should be set above the level of 53.75. Our medium-term outlook is negative, but we recommend to wait for a confirmation of the signal to sell.

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