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Barker
Sep 20, 2013 1:34 PM

Looking to rationalize a short position in LNKD Short

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DanV
That is an interesting comparison between 2 similar companies. It would seem that LNKD might have already made a short term top and FB is probably yet to make an equivalent top. Sp from that perspective, the former could be preferred short. but it is only a short term pull back, which FB will experience soon too. The ideal longer term short would be upon completion of next leg higher wave 5 on my chart. In the meantime I would say safer trade is long on pull back, then consider short at appropriate time upon next leg higher. Here are both charts.
timwest
Agree. LNKD valuation seems stretched. Nice technical setup.
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