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Monday, July 30, 2012

Facebook (FB) Stock Analysis July 30, 2012

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

Facebook (FB) Stock Chart - The following is technical analysis on Facebook (FB) - July 30, 2012

Facebook (FB) Support & Resistance Levels - 7/30/12

Resistance Levels: $24.54

Support Levels: $23

Chart - http://www.stockcharts.com

Facebook (FB) stock crashed after the company reported inline earnings. Facebook (FB) will have support down around $23 as we go forward. FB will have resistance at $25. Facebook (FB) is a buy below $21 for a bounce trade. Facebook (FB) should break out again when the stock breaks above $24.54


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