LinkedIn Corp LNKD. Stock analysis and forecast. Last Price. $155.91(+0.03%) 05-27-2014.
Hi Everybody. I would like to talk about LNKD and its descent into the abyss. The last earnings report wasn´t as well as expected and the stock is deflating.
Let´s see the Chart.
Supports and resistances:
S1:$136 S2:$113.21 R1:166.12 R2:194.31
The price is moving inside a downtrend channel.
The MACD is above the signal and close to zero with an uptrend angle.
The RSI is at 49%.
Actually the Stochastic is inside the overbought level so it´s probably that the price will correct soon.
During the last sesion the price drew a doji star.
The buy range for this stock is [144.34;151.35]
And the actual targets are:
TG1:$159.68 Tg2:$164,84 TG ext:$173.17
Nowadays the price of this stock is stabilizing the strong fall.
Elliot waves. Actually the price has finished the flat pattern (downtrend serie) In my opinion it´s probably that the price will extend the flat pattern also a correction.
I recomend to buy inside the buy range.
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