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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 206.89 and 193.56. If the stock breaks down through support at 206.89 then it will probably continue lower to 193.56. The stock will meet resistance at 216.87 and 240.90. If the stock breaks up through resistance at 216.87 then it will probably continue higher to 240.90. The 200-day moving average is at 198.22. This will also act as support. The stock is neutral according to the Stochastic Indicator (57.74).”
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