LNKD is setting up for a long on the weekly chart True it is still bearish however I suspect there are buyers sitting underneath price here. It is above the cloud and has been heavily sold. The Chikou red line is still above price showing me that the trend has not been broken. The Flat SPAN A projected out 26 weeks ahead shows sideways action and support. Moreover the stochastics is oversold and price has reacted well when a cross occurs. No long setup yet but I am watching price now
評論
justatrader
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I was a bit hasty and took on a long, but holding on. 200 - 201 or the cloud itself could see price bounce off.