After FB's big jump on earnings, LNKD has followed back up into the resistance area labeled on the chart at 220. After my last recommendation to sell short, LNKD shot up towards 240, but fell shy of my stop, but then fell down under $205 where I was able to cover. If you can handle the risk up to $224 with a target down under $200, then give it a try. It is interesting that the stock is tracking along inside of the two forecasted paths labeled on the chart.
217.64 last, +5.38 at 2:22PM EST Friday, Jan 31 2014
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Subscribe to my indicator package KEY HIDDEN LEVELS $10/mo or $100/year and join me in the trading room KEY HIDDEN LEVELS here at TradingView.com
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