12/09/2014 – LinkedIn
Issued: 12/01/2014
LinkedIn Corp., LNKD:
1. As noted in previous live meetings, Linkedin was indicated as a short position upon any test and failure at $243/$45 for a decline to $208 (or lower) into Jan. 2015.
2. LinkedIn was unable to test the $243 (preferred) shorting territory and is now declining. The market will likely complete the $208 (or lower) downside target noted in the original live update.
3. Although an aggressive short entry can/should be considered, our preference is to wait for a second opportunity to short LinkedIn as we approached Jan. 2015. Will update as the market continues to confirm.
David Williams
Issued: 12/09/2014
LinkedIn, LNKD:
1. As noted in our previous (Dec. 1) report and earlier live meetings, LinkedIn was expected to test $208 (or lower) after failing at/near $243/$45.
2. LinkedIn was unable to reach our preferred short selling territory at $2043/$45, instead making a Nov. 4 swing high at $238.77. The market reversed off that level and declined to the forecast $208.00 downside target (today’s session low, $205.00, so far).
3. Aggressive shorts exited the majority of their position at/near the $208.00 downside target. This completes the forecast. Will message any further entry or indication in LinkedIn.
David Williams
CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.