Stock is oversold short term. If this channel holds, we will see $220 by March options expiration.
I expect LNKD will trade back to 200 within 5-7 trading days. Every time this stock takes a 5 day hit like this, it recovers much of it losses very quickly. Not saying we have seen the bottom longer term, but short term this thing is going back to 200-205 level in just a matter of days. IMO
RSI above 86 is warning sign that stock should drop in coming days. Printing a classic "topping" candle today that often means reversal. I'm looking for this stock to give up 50 cents over the next 5-7 trading days. Target $7.72
Stock may have seen it's high at $6.84 today with RSI above 89. Rarely holds that level for more than a day or two. Might be one more push up at the open tomorrow, but either way - within 10 trading days, this stock will be back in the mid 5's. It has practically hit the PJ target already and I'll bet they pulled out. No one cares about Maxim. Classic analyst reccos at the top. Easy money shorting here for a quick profit.