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facebook - FB Technical Analysis

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Based on technical analysis, Facebook has just got out from a Sideways Trend - Pause of the Market before resuming its previous bullish trend - and the idea is to go long as per major trend but wait the end of a possible price set back (Return move) before going long Target Price 280 USD.

Breakout of the level 250 USD (with the Target price of 270 USD reached.

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