Share quotes Facebook traded at the level of 147.99. At the moment, there is still potential for continuing the growth of shares in the region above the level of 155. In favor of growth is the formation of the reversal pattern «Head and Shoulders» on the indicator of relative strength index (RSI).
Facebook stock price forecast on May 25, 2017
Expect to accelerate the growth of quotations Facebook is with the breakdown of the upper boundary of the descending channel and closing above the area of 149, which indicates the completion of the downward correction. The cancellation of the variant of development of growth on Facebook may be the breakdown of the area 143, which will indicate the continued decline in stock prices.
Facebook stock price forecast on May 25, 2017 assumes an attempt to continue growth with a spruce above area 155, an additional signal in favor of Facebook growth is the formation of a reversal model on the indicator of relative strength index (RSI).
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