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DAILY Wrap-Up & Commentary On: (NASDAQ: FB), (NASDAQ: DELL)


New York, NY -- (ReleaseWire) -- 12/04/2012 --Facebook Inc. (NASDAQ: FB) stock closed its latest trading session at $27.04, down 3.43 percent from its previous close of $28.00. The stock opened the session at $28.00 and touched its highest price point at $28.88.

Facebook stock’s lowest price point for the session stood at $26.98. The stock shows neutral trend in the short term. Its first support level is at $26.92. Upon breaching this level, the stock may fall to $25.02 level. Facebook recently modified its contract with Zynga. Under new terms, Facebook can now develop games for its platform.

Find out what traders need to do when investing in FB by reading the free trend analysis report here:

Dell Inc. (NASDAQ: DELL) shows neutral trend as the stock made a sharp movement today. It opened the session at $10.38 and remained in $10.01 and $10.49 price range during the session. The stock closed 4.36 percent higher at $10.06.

Dell received earnings and price target upgrade from Goldman Sachs. The stock is now rated Buy and its price target has been set at $13, up from previous target of $9. Dell’s first resistance level is at $10.52. Upon breaching this level, the stock may go as high as $10.83. On the downside, its first support level is at $10.04.

Find out where DELL could be headed by reading the free trend analysis report here:

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