LNKD - LinkedIn Corp.

After the IPO in May, the volatility was extreme of course. Everyone was searching for the fair value of the stock. Now we can say, that the chart is long enough in time and we can analyze it. So let's do it!
 

We can identify some important level:

• the absolute high (above 120) and low (60),
• the top (110) and the bottom (70) of the range since July,
• the middle of this range (90).

In July the price moved in the upper half of the range, since then in the lower half. In the past five days it sticked to the resistance (90), just like s&p. It is quite probable, that it won't break out without the help of the broad market (although we shouldn't reject this scenario). But in a positive version (above 90), there will be huge space for the bulls. The one and only tough resistance is 110 and i think LNKD would cover this distance quickly (maybe in 2-3 days).
If the buyers can't pull it above 90 and the price turns down from last five days' range, then it will likely test the
support zone (70-72). Below 70, the outlook would be quite bearish.
But at first the resistance will be tested.