Is Facebook Out of the Woods or Out In the Woods?

Facebook downtrend line since the “IPO disaster day” is finally broken on heavy volume, is Facebook out of the woods ? Is the stock about to start the uptrend widely anticipated pre-IPO ?¬†Obviously¬†no one knows, but what we do know, is that current price action could represent a possible change in trend from negative to positive, especially, with current negative sentiment backdrop.

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