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Saturday, June 30, 2012

Facebook (FB) Stock Analysis July 2, 2012

By Tim - http://stockstobuy.org - Twitter - @stockstobuy -

Facebook (FB) Stock Chart - The following is technical analysis on Facebook (FB) - July 2, 2012

Facebook (FB) Support & Resistance Levels - 7/2/12

Resistance Levels: $33.45

Support Levels: $30.70

Chart - http://www.stockcharts.com

Facebook (FB) stock dropped last week after a monster rally in the stock market. Facebook (FB) will have support down around $30.70. FB will have resistance at $33.45. Facebook (FB) is a buy below $27 for the long term. I think Facebook has hit a bottom ahead of earnings in July 2012.


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