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Sunday, November 2, 2014

Simplistic Technical Analysis for FB (November 2nd 2014)

Like most stocks that announced earnings this quarter, FB too fell from where analysts expected it to be.


Unlike other stocks, its short term technical indicators, indicate an imminent reversal that could start as soon as early next week. If that happens the stock could fall to almost 70 by end of next week.

Lets see how it turns out.

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