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.
Don’t Miss: Here’s Evidence Investors Have No Confidence in Facebook.

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 >>
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