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Wednesday, June 20, 2012

Facebook (FB) Stock Analysis June 20, 2012

By Tim - http://stockstobuy.org - Twitter - @stockstobuy -

Facebook (FB) Stock Chart - The following is technical analysis on Facebook (FB) - June 20, 2012

Facebook (FB) Support & Resistance Levels - 6/20/12

Resistance Levels: $33.21

Support Levels: $28.35

Chart - http://www.stockcharts.com

Facebook (FB) stock hit $32 on Tuesday. Facebook (FB) will now have support down around $30.70. FB will have resistance at $33.21. Facebook (FB) is a buy below $27 for the long term. I think Facebook has hit a bottom ahead of earnings in July 2012.


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