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Facebook (FB) stock is now trading above $50 after a brief drop this morning. Facebook (FB) has been trading in a strong uptrend ever since earnings back in July. Analysts have been raising Facebook (FB) price targets up between $60-$63 per share. FB may slowly grind higher toward $55 but after that anything can happen. Expect super volatility after earnings in a few weeks.
Facebook (FB) will continue to be volatile until the next earnings report. The company will have to beat earnings and raise guidance again to hold these massive gains.
Also see - Top Stocks 2014 - Top Stock Gainers 2013
