TomPip
Short

Pennant/flag. Waiting for breakout

NYSE:LNKD   LINKEDIN CORP
28 0 0
I have been watching price action and it's extremely weak, but there's a lot of chatter of bull flow into LNKD             on Tweeter. This pennant/flag could potentially breakout up towards it's new upgrade of 310.

BUT insiders are happily selling and P/E is unicorn level, so i'm watching this for a potential short on any breakout up.
If price breaks below pennant support this could form a double top and i will hop on the short band wagon to ride the gap fill down to ~216.

http://finviz.com/quote.ashx?t=lnkd
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