24.02.2015 - Pinnacle Foods will continue to fall in the near future

On the chart of Pinnacle Foods was formed a double top figure which indicates a change in the upward trend to the descending. After breaking through the inclined support line, confirmation of the sell signal will be fixing of the price below 35.70. In this case, we can expect a drop in prices to inclined support line and level of 34.00. We expect the price decline in the near future, but we expect the growth in the medium term.

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