FB is widely owned by institutions...Thay have pusshe dup the price to get out...this is called distribution...a lot of it took place today; FB has a black eye because of the #$%$ IPO so they have to make it look like it all ends well.....this will not be the case...Just compare a company like CSCO which has revolutionary products and sells for about 20 bucks....FB is a fad which is fading and wiill eventually cause the stock to go down to 12 bucks...when we do not know, but for now the price support is alive and well. I shorted yesterday and about to short another 400 shares again before the close...I am bearish the stock for my own reasons....Good luck to you
CSCO has a lot of problems. It's not revolutionary in any way anymore. Maybe five years ago, but times have changed while CSCO hasn't. Not to mention, you cannot possibly know what institutions are doing. You are guessing and should label it as such.