Shares of Facebook are trying to return to growth at the same time with the common market, in which the major indexes on Monday 13 April added about 0.2%.
In addition, investors give a positive assessment of the latest Facebook intentions to increase the role of video content found on the pages of their social network. Which was announced at the conference “F8-2015“. Currently, video is one of the fastest ways to spread information of Facebook, has a much higher level of information about their visitors, than, for example, Youtube.
Respectively, will be able to offer advertisers a much better selection for prepaid display. Seek opportunities for shopping in the preparation of technical signals the resumption of the uptrend.
|Facebook stock chart|
Support and resistance levels
Support 1 82,27
Support 2 80,98
Current price: 83,36
Resistance 1 83,45
Resistance 2 84,50
Facebook stock symbol (FB) – buy FB – Buy, if the quotes will close above the resistance level of 83.45. Objective – 85.90. Stop-Loss = 82,25
Warning: Profitability in the past does not mean profitability in the future. Any projections are for informational purposes only and do not guarantee the results obtained.