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Facebook posts worst day of the year after setting record high

SPX Tech analysis by Simon Kazinsky on 12:20 November 29, 2017 EST

Facebook is sliding rapidly after setting a record high yesterday when traded at $183 a share.

The tech stock is well into the red and surrendering all gains made in the past 30 days in one single session.

At the time of writing a Facebook share trades at 174.18.

Medim term support remains intact just yet at 172.