LNKD Makes Bullish Cross Above Critical Moving Average

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In trading on Wednesday, shares of LinkedIn Corp (Symbol: LNKD) crossed above their 200 day moving average of $214.20, changing hands as high as $217.36 per share. LinkedIn Corp shares are currently trading up about 2.9% on the day. The chart below shows the one year performance of LNKD shares, versus its 200 day moving average: LinkedIn Corp 200 Day Moving Average Chart

Looking at the chart above, LNKD's low point in its 52 week range is $155.00 per share, with $257.56 as the 52 week high point - that compares with a last trade of $216.57.

According to the ETF Finder at ETF Channel, LNKD makes up 8.56% of the Social Media Index ETF (Symbol: SOCL) which is trading up by about 2.1% on the day Wednesday.

Click here to find out which 9 other stocks recently crossed above their 200 day moving average »




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.




This article appears in: Investing , Investing Ideas

Referenced Stocks: LNKD , SOCL

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