Tuesday, December 4, 2012

Facebook, Inc. (FB) Technical Analysis December 5, 2012

The following is Facebook, Inc. (FB) Technical analysis for  December 5, 2012 

Facebook, Inc. (FB) Resistance, pivot & Support Levels - 12/5/2012

Resistance levels:
Pivot point:
Support levels:
Paid Membership  Membership Access.

Share of Facebook, Inc. (FB) is trading at $27.46 on Tuesday after big run from $19 to $28.88 last November because November was a good month for Facebook shareholders. Shares of the social networking giant’s stock rose 30 percent, making for its best monthly performance since going public in May.In a move that was always a question of when, not if, Facebook (FB) will be added to the Nasdaq 100 prior to the market open on December 12. This sort of inclusion can sometimes provide a boost to the stock, but it's hard to believe it hasn't been priced in. Facebook will replace Infosys, which is moving to the NYSE.Stock is overbought level now and I think time to take profit now buy in low level.FB has resistance level at Membership Access. Here is live chart to look for trade.       
   
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