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Facebook (FB) rallied back above $60 on Tuesday and is looking strong once again. Facebook (FB) needs to climb back above it's 50 day moving average located around $62.50 for shorts to cover and drive the stock even higher. If not, FB could easily drop back to $57-$58. Long term, I like the stock below $55. Resistance is located between $64-$65.
Also see - Top Stocks 2014 - Top Stock Gainers 2014
