1. LIN triggered a Power Inflow signal at $415.04 on December 16. 2. The stock rose to an intraday high of $422.79 post-alert. 3. Power Inflow suggests bullish retail and institutional buying interest. 4. This signal indicates a potential price reversal opportunity for traders.
FAQ
Why Bullish?
The Power Inflow alert correlates with a significant buying interest trend, reminiscent of past bullish signals. Historical examples include similar alerts leading to price spikes, enhancing confidence in LIN's upward trajectory.
How important is it?
The article highlights a significant trading signal that directly correlates to LIN's recent performance, making it highly relevant for investors.
Why Short Term?
The Power Inflow signal typically results in immediate price action. Similar past occurrences show that such signals lead to short-term bullish activity.