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Facebook (FB) stock is trading below $58 in pre market today and isn't really bouncing with the market. Facebook (FB) saw a massive rally in the last two weeks, bouncing off $55.88 and hitting $65 in pre market on Thursday. If $55.88 doesn't hold, there is risk that FB will retest the 200 day moving average located around $52. All eyes will now be on earnings from Twitter (TWTR) on Tuesday. If TWTR reports blow out earnings and the stock rallies, FB will see a bounce.
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