By Tim - http://stockstobuy.org - Twitter - @stockstobuy - Facebook (FB) Stock Chart - The following is technical analysis on Facebook (FB) - May 31, 2012
Facebook (FB) Support & Resistance Levels - 5/31/12
Resistance Levels: $31.69
Support Levels: $28
Chart - http://www.stockcharts.com
Facebook (FB) is trading around $28.33 in pre market on Thursday. Facebook (FB) will now need to hold $27.50 or we could see a huge plunge followed by a rebound attempt. If FB breaks $28 again today, I think you could buy the stock for a trade. Facebook (FB) is a strong buy on a break above Wednesday's high of $29.55.
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