By Tim - http://stockstobuy.org - Twitter - @stockstobuy - Facebook (FB) Stock Chart - The following is technical analysis on Facebook (FB) - July 16, 2012
Facebook (FB) Support & Resistance Levels - 7/16/12
Resistance Levels: $32.88
Support Levels: $28.50
Chart - http://www.stockcharts.com
Facebook (FB) stock is still hanging out below $31. Facebook (FB) will have support down around $30 but then nothing until $28.50. FB will have resistance at $32.88. Facebook (FB) is a buy below $27 for the long term. I think Facebook has hit a bottom ahead of earnings on July 26, 2012.
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