LinkedIn Chart is a Swing-Trade Beauty

Folks, check out the LinkedIn (LNKD) chart setup that one of our users in the Splash Zone discovered. I’m not really worried about some of the recent negative news that has come out on this stock. Instead, I am more interested in how this stock is bouncing ideally off of the lower, rising channel. I may end up playing this stock before the end of the day. 

Here’s the trade setup with tight stop.

LinkedIn bouncing off of lower channel LNKD 

You Might Like

  • The Retail Trading Revolution: How Small Investors Are Reshaping the Stock Market

  • Fading the Gap: How Large Overnight Moves in SPY and QQQ Play Out During the Trading Day

  • How to Trade a Bear Flag