19.11.2015 - Shares of Viacom will continue the upward movement

Viacom's stock price continues to show strong growth within the local uplink, and according to our estimates will soon reach the level of 56.00. Fixing of price above this mark will be the basis for continued upward momentum until 62.00. Falling is limited by lower boundary of the channel, and we recommend to open long positions with a stop below 48.00. Our medium-term outlook is positive.

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