So much for LinkedIn's (LNKD - Get Report) status as investors' favorite social media stock -- it has been looking toxic since back in September. You don't need to be an expert to figure out what's going on in LinkedIn's chart -- the setup in this stock is about as simple as it gets. LNKD has been bouncing lower in a well-defined channel for the last six months or so without an end in sight.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts