LinkedIn Firms at Key Level as Aroon Indicators Converge
LinkedIn (LNKD) was hit with a high volume decline on Wednesday, but managed to firm near a support zone on Thursday. Support stems from the mid August and early October lows. The indicator window shows the Aroon indicators converging below 30. This convergence suggests little directional movement over the last few weeks. The first to break above 50 will provide the next direction clue.

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