Similar to my AAPL example that I provided a link on-- take a look at LNKD today...
Price rises rapidly during the first 15 min bar of the open....
In the meantime to the left of the chart we see strong resistance from 5/18 where price drops violently from a high of $ 109.47...time at this level is minimal... a stop above the high of the day with an entry on the 3rd 5 min candle that failed to make a new after a large extended range candle resulted in a drop of almost 3 1/2 points...
Most interesting however is where price stops and reverses-- $ .04 above the pivot low from Friday! $ .04!!! Why didnt market makers not only take out the low... but drop drastically below the low??? Surely the MMs see the stops???
