Facebook (NASDAQ:FB) traders are hawking $28 resistance. The next test will be the third of the week. If it fails, the probabilities are high that shorts gain confidence to wage another onslaught.
So, Mark Zuckerberg, where you at?? Are you in with the bulls? If so, they’re going to need you here at the $28 mark. If you can help them blow through resistance, there’s hope for at least a short term rally.
On another front, check out Facebook’s SPIN ZONE: Facebook Starts ORWELLIAN Campaign for Investors >>