Jenny Rebekka
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Weekly Stock Chart On Facebook ($FB) Shows Buy Price Level

I have isolated a major buy level on Facebook at $107.85. This comes from the long-term trend line stretching back years. To find this line simply connect the lows from Facebook's IPO days in 2007 to the low from 2015. This will create a major bounce in the stock, likely 10% in weeks. Considering the current price is $115.00, there is still quite a bit of downside until it hits the support level. Aggressive traders can remain short Facebook stock until the buy target is hit.

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