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Facebook (FB) stock rallied above $46 on Friday. 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 $50-$55 per share. FB may slowly grind higher toward $47-$48 before earnings but after that anything can happen. Pullbacks below $40 are a strong buy for the next two months.
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
