LinkedIn on Verge of Breaking Down

20 0 1
LinkedIn             ( LNKD             ) was another promising social media stock. The stock broke out from a cup and handle base in 2013 and advanced             approximately 100% over the next seven months. Only to drop 47% over the next nine months.

Since then, the stock worked on a three year head and shoulder top. The stock attempted to break down in August 2015, but that was a bit too early and obvious, and shook out the early shorts. The stock finally managed to break down four weeks before earnings , and accelerated to the down side on a poor earning’s report.

The stock has barely budged over the last six weeks as the market attempted to rally. It has only managed to pull back to the twenty day moving average in lower volume . A breakdown from these levels, in heavy volume , can be shorted.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out