18.12.2014 - Conagra Foods tries to continue growth

Stock price of Conagra Foods reached the strong resistance level at 37.10 and consolidates below this level. In case of breaking and fixing the price above this mark, we expect continued growth to 40.0. At the moment there is a high probability of a downward correction with a target near 36.00. We expect the upward price movement and recommend to open long positions after fixing the price above the level of 37.10.

Conagra Foods Graph

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