IS LINKEDIN A $300 STOCK OR A $100 STOCK? $LNKD $GOOG $FB $TWTR
LinkedIn is the largest social network for professionals in the world. On balance, LinkedIn stock is in no-man’s-land at this time. It can as easily go to $300 as it can to $100. As of this writing, the stock is at $213.30. Let us examine the eight most important factors for this stock.
Technical perspective
From a technical perspective, the stock is in a downtrend.
Please click here for the annotated chart .
As the chart shows, the price action over the last several months is capped by a downward-sloping trendline. Volume also jumps on bad news much more than on good news.… Please click here or the title below to read more.
March 3, 2014