Could Liberty Broadband Corp (LBRDK) See a Reversal After Having Formed Several Months Bullish Double Top

July 18, 2017 - By Peter Erickson

The chart of Liberty Broadband Corp (LBRDK) shows a double top with $92.34 target or 4.00 % above today’s $88.79 share price. The 9 months chart pattern indicates low risk for the $16.27 billion company. It was reported on Jul, 18 by Finviz.com. If the $92.34 price target is reached, the company will be worth $650.80M more. Double tops are rare but powerful chart patterns.

The stock increased 0.25% or $0.22 during the last trading session, reaching $88.79. About shares traded. Liberty Broadband Corp (NASDAQ:LBRDK) has risen 45.35% since July 18, 2016 and is uptrending. It has outperformed by 28.65% the S&P500.

Another recent and important Liberty Broadband Corp (NASDAQ:LBRDK) news was published by Foxbusiness.com which published an article titled: “Sprint’s Chairman Has Engaged Warren Buffett About Investment — 2nd Update” on July 14, 2017.

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