May 4, 2013

Linkedin Corporation Weekend update

  • Linkedin closed below 50 Day SMA with High Volume.
  • Price is testing a crucial support line. Trading below this line on closing basis may target the GAP area shown in daily chart between 126 - 140 level.
  • Weekly chart is moving towards a MACD sell signal which will favor bears of LNKD in the short term.
  • S&P 500 WEEKEND UPDATE
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