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Thursday, May 15, 2014

Facebook (FB) Stock Analysis 5/16/14 May 16, 2014

Facebook (FB) Stock Analysis 5/16/14 May 16, 2014 -

 
 

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


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