LNKD is short today with stop above 75. Target 69
Previously LNKD was traded by my members when it was falling and we made good money.
Yesterday it went down but formed a Doji Candle. Today it started moving up aggressively.
Targets for LNKD is 65.45, 67.10, 68.50. Stop below 60.80.
Updated Chart of LNKD shown below. We are up $200 per contract.
LNKD trade closed on 12/2/2011 with good profit.
LNKD closed at $63.08 on Friday November 25th. On November 28th it gapped up and open at $64.90 made a high of 64.95 and started drifting lower.
Members of Financial Markets Wizard received alert to buy Jan 60 Puts for $6.30 and then sell alert to sell for $7.80. In few hours members made $150 per contract. LNKD Chart shown.