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Facebook Inc (FB) “On a long-term technical basis, the stock (FB) is trading above its 200-day moving average which generally implies it is in a positive trend.
The stock has support at 278.89 and 250.15. If the stock breaks down through support at 278.89 then it will probably continue lower to 250.15. The stock will meet resistance at 304.69 and 352.97. If the stock breaks up through resistance at 304.69 then it will probably continue higher to 352.97. The 200-day moving average is at 212.11. This will also act as support. The stock is extremely overbought according to the Stochastic Indicator (84.21).”
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