Guy Adami Is Bullish On LinkedIn Corp

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CNBC Fast Money's
Guy Adami said on the show that
LinkedIn CorpLNKD
could trade significantly higher. The stock traded sharply lower and reached its 3 year low on February 5 after the company posted weaker than expected guidance. Adami noticed that it has just completed a head and shoulders pattern with that move. He believes that this could be a short term bottom for the stock, because it recorded a 25 times higher volume than its normal volume while it was trading at its 3 year low. Adami would buy
LinkedIn Corp
and he would place a stop loss on a close below $100. His upside price target is $150.
Posted In: CNBCMediaFast MoneyGuy Adami
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