09.03.2015 - Facebook shares can overcome an important support level

Facebook's share price continues to rise gradually along the sloping support line. In the near future quotes can reach a strong level of 82.10, but for a breaking through this mark will be needed a strong incentive. We predict a decrease in quotations in the near future. Confirmation of the sell signal will be fixing the price below 78.00. In this case, is expected the reduction to the level of 73.50. We forecast the price growth in the medium term with targets at 90.00 and 100.00.

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