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Friday, June 6, 2014

Facebook (FB) Stock Analysis 6/6/14 June 6, 2014

Facebook (FB) Stock Analysis 6/6/14 June 6, 2014 -

 
 

Facebook (FB) is back trading above $63 this week and is above all three major moving averages which is bullish.  Facebook (FB) will likely be range-bound until they release their earnings report in July and everything checks out.  Until then, buy Facebook (FB) if we see another huge drop below $58.

Facebook (FB) is a great company but they will need to continue to destroy estimates to advance since the market cap is so big.  If user growth starts to drop, look out below.

Also see - Top Stocks 2014 - Top Stock Gainers 2014



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