20.10.2015 - Price of SolarCity approached to important support

Stock price of SolarCity showed rapid decline and approached to an important support level at 40.00. In case of its breaking quotations will continue to decrease to the levels of 37.00 and 35.00. The probability of this scenario, according to our forecasts is higher than average. On the other hand we can see a rebound to the levels of quotations 44,00-45,00 soon. Despite the current decline, we expect the growth of the stock in the medium term, but the decline may continue in the near future.

RISK WARNING: Trading of complex financial products, such as Stocks, Futures, Foreign Exchange ("Forex"), Contracts for Difference ("CFDs"), Indices, Options, or other financial derivatives, on "margin" carries a high level of risk, and may not be suitable for all investors. The possibility exists that you could sustain a loss of some or all of your initial investment and, therefore, you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading these markets, and seek advice from an independent financial advisor if you have any questions or doubts. Please carefully read our full "Risk Disclosure" and "Risk Disclosures for Financial Instruments & Investment Services". FXFINPRO Capital is the trading name of PFX Financial Professionals Limited, a limited liability company formed under the laws of Cyprus, registered with the Registrar of Companies in Nicosia, Cyprus, under nr. HE 237840 and regulated by the Cyprus Securities and Exchange Commission with license number 193/13.