Well, one could imagine that a chart doesn't say very much in this case. But anyway, the merger with Microsoft is priced in and some people managed to get a high profit. I don't know what the market knows about the furure of the freefloat.
But I can imagine that some of the shareholders will prefer to get cash now instead beeing squeezed out. Perhaps some of the ...
The bullish setup I had for $LNKD...
I didn't expect that..
Anyway it was a successful one
Tomer, The MarketZone
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MSFT declared its plan to buy LNKD for $29.2 Billions. But this is not an agreement signed. It is just a rumor that MSFT has spread around in the market.
But LNKT had positive Earnings report recently and this positive data plus the catalyst of the MSFT acquisition plan the Share Price jumped up with the NYSE Opening.
I am a trader of - ...
Linkedin is offering a terrific long setup in the weekly chart.
We can go long on a break above today's close, with stops under 114.36 and aim for 153.85, to be reached within 10 weeks or less.
If interested in my trading signals, or in personal tuition, contact me privately. I'm offering a considerable discount on a packaged course which includes access to my ...