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Facebook (FB) dropped hard with the stock market on Thursday and hit a low of $57.52. Shares of Facebook (FB) rallied from around $56 to $61 and are now trading around $58. Right now the trend is sideways but the technicals are starting to improve. FB needs to hold the rising 200 day moving average and close above $62 which is the 50 day moving average. Until then, continue to buy dips, sell rallies.
Also see - Top Stocks 2014 - Top Stock Gainers 2014
