29.07.2015 - Shares of Solar City probably will continue to rise

The price of SolarCity broke through the upper limit of the local downward channel and at the moment has reached the local level of resistance at 56.00. Fixing the price above this level will be the basis for opening long positions with the upside potential to 58.00, 60.00 and 62.00 and a stop below 53.50. We expect the price growth in the near future, but we recommend to wait for the signal to open new positions.

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