Facebook, Inc. (FB) Technical Analysis October 31, 2013

The following is Facebook, Inc. (FB) Technical analysis for  October 31, 2013

Facebook, Inc. (FB) Resistance, pivot & Support Levels - 10/31/2013

Resistance levels:
Pivot point:
Support levels:
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Share of Facebook, Inc. (FB) is closed over $49 on Wednesday. FB is hit my first resistance area $55-$60 which is over ipo high few days back. If you follow me my analysis I was keep telling $45-$46 was good buy last weeks and my stop will be $45 now.Now my new target will be $60-$65 in coming days all depend on next Q earning news. FB is buy near $40 any weakness My Membership people know when  buy and sell option or stock in daily basis which very good profitable trade last few weeks in stock or call and put side.How to trade in  Facebook, Inc. (FB) get my Membership Access. Here is live chart to look for trade.        

Here is earning report:

Facebook easily beats estimates, shares soar but after 30m stock is trading near $49.

• Facebook (FB): Q3 EPS of $0.25 beats by $0.06.
• Revenue of $2.02B (+60% Y/Y) beats by $110M.
• Shares +15.3% AH. CC at 5PM ET. (PR)

• On Facebook's (FB) Q3 CC, CFO David Ebersman admits his company saw a decline in teen daily active users (DAUs), even as usage within the demographic remained steady.
• The disclosure comes amid plenty of commentary (as well as some survey data) suggesting Facebook's popularity with U.S. teens is waning. The company recently changed its teen policy terms, and reportedly made a failed attempt to buy Snapchat, which is quite popular with the demographic.
• Facebook also says it expects its Payments revenue to decline (+24% Y/Y in Q3) in Q4. It's worth noting here Facebook recorded four months of Payments revenue in Q4 2012.
• Mark Zuckerberg once more talks up Facebook's strong mobile engagement rates (previous), pointing to comScore data that indicates Facebook accounts for 20% all U.S. app usage.
• Share -0.4% AH after being up over 15% immediately following the release of Facebook's Q3 report.
• Q3 results, details.

   
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