Lindedin Breakdown

By | March 31, 2015

The cluster of high wick candles that formed in February and early this month may have been a tell, but Lindedin (LNKD) shares were unable to sustain new highs after breaking above their 2013 high. In fact, they drifted back below that level and today broke the 50 day moving average and closed on the low of the day. Clearly, there is a support vacuum in the February gap.

3331.LNKDchart

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