A Trader Journal

In general the biggest gainers often come from stocks that have gone IPO in last 1-3 years. That makes sense as often recent IPOs are doing some thing new or trying to capitalize on latest trends. (Note: In markets there are no absolutes and there are always exceptions like AAPL).

What happens typically is startup goes IPO, attracts lot of attention initially from the crowd, makes couple of volatile moves and then goes dormant. The public looses interest while the company forms a base to set stage later for real longer moves. Most often the big moves in these IPOs after the base formation correspond with the start of new bull leg in markets.
Linked In (LNKD) was in nice sideways range respecting support-resistance lines since it went IPO. I would assume it might have lost interest of crowd by now. I don't know when it will breakout and whether it will start a big move. My interest is mostly in getting on board near low risk zones and let market decide how much gains I will get. Chart has more details.