By Tim - http://stockstobuy.org - Twitter - @stockstobuy - Facebook (FB) Stock Chart - The following is technical analysis on Facebook (FB) - June 1, 2012
Facebook (FB) Support & Resistance Levels - 6/1/12
Resistance Levels: $30
Support Levels: $26.83
Chart - http://www.stockcharts.com
Facebook (FB) stock closed at $29.60 on Thursday after a huge short squeeze. Facebook (FB) will now need to hold $29 on the downside or we could see a correction. FB will have resistance at $30 on Friday. Facebook (FB) is a strong buy below $27 for the long term.
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