December 28, 2012

FACEBOOK Support levels

  • FACEBOOK Daily chart sustaining below 20 SMA may extend gains for FB bears.
  • Next fib support at 38.2%. A Stronger support level at 50 Day SMA and 50% Fib level.
  • Last chart shows previous resistance zone at 24.25 - 24.54 If the correction extends this level may act as support.

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