Look Here for a Big Surrender Scene

Much like our analysis earlier this week about TWTR down to $36 and YELP down as low as $30, as potential downside targets after their respective earnings blow-ups, LNKD could easily drop to $190 this summer before looking for a durable bottom. 

While certainly oversold, short-term as you can see LNKD punching down through its lower weekly Bollinger Band, below, we may need to see a bit more cathartic, capitulatory selling before declaring a full surrender by trapped longs. 

Specifically, note the significance of the $190 level stretching back several years.