There's no doubt that Facebook
( $FB ) has become a "Must Buy" stock. Looking forward, I am extremely interested in their expansion into live video and believe it could very well catapult them even higher long term. If you don't own any shares then I don't necessarily disagree with opening up a starter position at any price. However, the chart seems to indicate that it is nearing the top of it's channel. Purely from technical analysis
alone it seems that the stock is due for a pullback.