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Stock Market & Financial Investment News

News Breaks
January 18, 2013
10:57 EDTFBFacebook breaks below uptrend support at its 10-day moving average
The shares have broken below uptrend support at the 10-day moving average, last at $30.29 and now resistance. This is bearish price action and indicative of a short-term topping pattern following an aggressive run-up in price. At the current price of $29.71, next support is at $28.86.
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