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Facebook (FB) stock finally hit a bottom around $43.50 on Tuesday and now shares are trading back up to $46. Facebook (FB) will hit resistance in the low $47's but then nothing until about $49. Facebook (FB) will have resistance at $47.55 and is a buy on a break above that level.
The next big move for FB stock will likely come after earnings in two months. A beat and raise will send it back above $55.
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