Tim Knight | May 01, 2014 12:21PM ET
Social media stocks have, predictably, found strength lately. If you look at the (SOCL.O) ETF based on these stocks, it’s been painting a steady falling-down-the-stairs pattern for months now.
There’s probably some strength left in the stocks below to recover higher, but not by much. I’ve tinted the approximate areas I think they’ll exhaust themselves. Remember, LinkedIn Corporation (NYSE:LNKD) reports after Thursday’s close, so that should be an interesting one after-hours:
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