LinkedIn Tests Key Moving Average with Bullish Candlestick Pattern
It has been a rough few months for LinkedIn as the stock fell from the 255 area in September to the 200 area in early December. The stock, however, is finding some support near the rising 200-day moving average with a big bullish engulfing. After a pullback in mid January, LinkedIn is again trying to hold this key moving average with a surge the last three days. The indicator window shows the MACD Histogram turning positive on Monday. Earnings are scheduled for February 6th.

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