The Traderszone Network

Published in TZ Latest News 10 April, 2015 by The TZ Newswire Staff

LinkedIn, Monster Among IBD 50 Names Set For Breakout

The IBD 50 and general market are showing some signs of improvement. Major indexes avoided distribution this week, and a growing number of leaders are setting up in base patterns or follow-on buy areas. LinkedIn (LNKD) moved back above its 50-day moving average Friday as it works on a potential flat-base pattern. Shares have been consolidating gains since gapping sharply higher Feb. 6 on strong fourth-quarter results.

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