By Tim - http://stockstobuy.org - Twitter - @stockstobuy - Facebook (FB) Stock Chart - The following is technical analysis on Facebook (FB) - June 18, 2012
Facebook (FB) Support & Resistance Levels - 6/18/12
Resistance Levels: $30
Support Levels: $28.35
Chart - http://www.stockcharts.com
Facebook (FB) stock broke out on Friday after forming a bottom last week. Facebook (FB) will now have support down around $28.35. FB will have resistance at $30. Facebook (FB) is a buy below $27 for the long term. I think Facebook has hit bottom ahead of earnings in July 2012.
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