FACEBOOK stock:waiting for growth in the area 86,00

By | April 13, 2015

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
Facebook stock chart

Trading analytics

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.

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