Monday 3 November 2014

New Sector Leader LinkedIn Breaks Out

Otmane El Rhazi from Investor's Business Daily - Investing RSS.



LinkedIn (LNKD), a new member of Sector Leaders, broke out of its base Monday. The stock climbed just past the 232.38 buy point in heavy volume -- the third straight day of usually high upside volume. Beforehand, the stock's fast accumulation by fund managers and price gains caused it to make the Sector Leaders screen in Monday's IBD. LinkedIn's cup-without-handle base formed within a much larger consolidation that spans more than a year. So the

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