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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 224.20 and 210.88. If the stock breaks down through support at 224.20 then it will probably continue lower to 210.88. The stock will meet resistance at 240.90 and 275.83. If the stock breaks up through resistance at 240.90 then it will probably continue higher to 275.83. The 200-day moving average is at 199.07. This will also act as support. The stock is neutral according to the Stochastic Indicator (56.56).”
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