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Thursday 12 December 2013

Stocks to watch- Facebook

Facebook will be added to S&P 500 after the market closes on 20 December 2013, which is a vote of confidence as Facebook met S&P's requirements
Facebook’s market value has more than doubled this year to $123 billion

FB jumped from 49.38 to 51.35 but might be too high without strong supports
Possible support @ 50.0 or 51.0 but not confirmed yet, look to buy if it stays above & goes higher

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