June 7, 2012 - Facebook (FB) stock closed at $26.31 on Thursday, down about 2%. Facebook (FB) opened up above $27, dropped to $26.25, then rallied back into the $27's. Going into the close today, Facebook (FB) stock dropped off a cliff all the way down to the low $26's.
Facebook (FB) will now have support at $25.75 and resistance at $27.35. A close above $27.35 would be very bullish and the stock becomes a buy.
2012 Penny Stocks -Top Stocks 2012