Facebook, Netflix Plunge Below Critical Support Level

By | January 20, 2016

Scalper1 News

Facebook (FB) and Netflix (NFLX) dropped below key levels intraday in the stock market today as the sell-off intensified. Facebook is due to report its fourth-quarter results next Wednesday. Analysts expect the social media giant’s earnings to jump 26%, a slowdown from the third quarter’s 33% gain. The stock dropped in quick turnover on Wednesday, breaching the key 200-day line for the first time since the flash-crash in August. But as the market Scalper1 News

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