Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Facebook ($FB) Charts (Updated 7/2/15)

|Includes: Facebook (FB)

Facebook is looking to defend its move higher by staying above 85. The recent candle formation is a bearish reversal but it must take out its key support level to gain its power. As of now, it looks to just put a pause in the recent move. This stock is littered with examples on the chart on moves higher being sold off. 85 must defend itself or face a move lower.

Facebook ($FB) charts (updated 7/2/15)