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Facebook (FB) stock hit a top last week in the $71's. Facebook (FB) has been selling off ever since and continue to look weak. Since FB closed below the 10 day moving average on Friday, the stock could be getting ready to retest the 50 day moving average. Facebook (FB) is a buy between $64-$65 for a rebound trade. Long term, buy below $60. We will be looking for trading opportunities in the Stock Picks Group for sure!
Also see - Top Stocks 2014 - Top Stock Gainers 2014