LinkedIn ($LNKD) may be another short candidate as it fell below the Tenkan sen.
Note: This is a counter trend short and there is no confirmation of a bearish trend yet.
On the Ichimoku Weekly Chart, we have confirmation that the kumo support is intact.
Given the volatility from last week, it is best to establish bullish position with care.
LinkedIn ($LNKD) is holding well and my IronCondor will expire safely this week.
$UA has also rebounded after the selloff from 2 weeks back. It is a good time to look for a countertrend entry.
LinkedIn (LNKD) has just IPO for about a month. Its price went as high as $120 on the first day of trading and fall all the way to the $60 range during the last one month.
Today, LNKD has a gap up. With this gap up, the price level has move above the Kijun sen (trendline) on the Ichimoku chart.
The entire Ichimoku chart is not formed yet. But, I am taking a bet here with a SHORT PUT spread position for LNKD. I am bullish and it will go up in the short term (maybe all the way heading Â towards the end of the year).
Insiders and money managers have 85.7 million Class B shares of LinkedIn that cannot be sold untilÂ 180 daysÂ after the IPO. новейшие игровые автоматы играть бесплатно без регистрации