21.10.2015 - Baker Hughes shares may rise in the near future

The price of Baker Hughes corrected downward to the upper boundary of the descending channel, which the price has left earlier. In case of further decline, quotes can be reduced to 50.50. A more likely scenario in the near future will be the price rebound upwards and reaching the target mark at 57.50, after which the upward movement may continue until 61.00. According to our estimates, the price will rise in the near future.

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