Definitely a signal for long. Major reversal in accordance with Jurik Research's DMX and RSX indicators (on a 1 week log chart).
Note how the DMX crosses 0 and RSX hits the bottom - this is a long signal.
LinkedIn is known for giving underwhelming estimates then beating it. With the quarterly report probably due early May and the bullish trend sighted over 2 days - there is a high chance LinkedIn will hit $300+ around Mid-May. If this week is a green candle - then all signals are go.
Note how the DMX crosses 0 and RSX hits the bottom - this is a long signal.
LinkedIn is known for giving underwhelming estimates then beating it. With the quarterly report probably due early May and the bullish trend sighted over 2 days - there is a high chance LinkedIn will hit $300+ around Mid-May. If this week is a green candle - then all signals are go.