Is Major Move Coming For Lincoln Educational Services Corp (LINC) After This Double Top Chart Pattern?

July 18, 2017 - By Linda Rogers

Investors sentiment decreased to 1 in 2016 Q4. Its down 0.50, from 1.5 in 2016Q3. It dived, as 5 investors sold Lincoln Educational Services Corp shares while 6 reduced holdings. 3 funds opened positions while 8 raised stakes. 14.16 million shares or 5.35% more from 13.44 million shares in 2016Q3 were reported.
Blackrock Fund Advisors has 0% invested in Lincoln Educational Services Corp (NASDAQ:LINC). Morgan Stanley invested 0% of its portfolio in Lincoln Educational Services Corp (NASDAQ:LINC). National Bank & Trust Of Montreal Can holds 0% or 9,558 shares. Northern Corp invested 0% in Lincoln Educational Services Corp (NASDAQ:LINC). 6,577 were reported by Tower Research Ltd Com (Trc). Bridgeway Cap Mngmt Inc has invested 0.01% in Lincoln Educational Services Corp (NASDAQ:LINC). Vanguard Group Inc reported 0% stake. Prescott Group Inc Mngmt Ltd Liability stated it has 0.14% in Lincoln Educational Services Corp (NASDAQ:LINC). State Street Corporation has invested 0% in Lincoln Educational Services Corp (NASDAQ:LINC). Panagora Asset Mgmt reported 0% stake. California Employees Retirement owns 0% invested in Lincoln Educational Services Corp (NASDAQ:LINC) for 67,200 shares. Citigroup stated it has 0% of its portfolio in Lincoln Educational Services Corp (NASDAQ:LINC). Federated Invsts Inc Pa reported 253 shares. Ancora Advsr Limited Liability owns 139,500 shares. Nantahala Mngmt Limited Co, Connecticut-based fund reported 2.37 million shares.

Since May 18, 2017, it had 0 insider purchases, and 2 insider sales for $276,346 activity. On Thursday, May 18 the insider Meyers Brian K sold $154,819.

The chart of Lincoln Educational Services Corp (LINC) shows a double top with $3.46 target or 6.00 % above today’s $3.26 share price. The 9 months chart pattern indicates low risk for the $81.44 million company. It was reported on Jul, 18 by Finviz.com. If the $3.46 price target is reached, the company will be worth $4.89M more. Double tops are rare but powerful chart patterns.

The stock decreased 2.10% or $0.07 on July 17, reaching $3.26. About shares traded. Lincoln Educational Services Corp (NASDAQ:LINC) has risen 108.84% since July 18, 2016 and is uptrending. It has outperformed by 92.14% the S&P500.

More notable recent Lincoln Educational Services Corp (NASDAQ:LINC) news were published by: Seekingalpha.com which released: “Lincoln Educational Services’ (LINC) CEO Scott Shaw on Q1 2017 Results …” on May 11, 2017, also Globenewswire.com with their article: “Lincoln Educational Services Corporation Launches Plan to Streamline Business …” published on November 03, 2015, Quotes.Wsj.com published: “Lincoln Educational Services Corp.” on February 11, 2011. More interesting news about Lincoln Educational Services Corp (NASDAQ:LINC) were released by: Marketwatch.com and their article: “3.17” published on March 29, 2011 as well as Prnewswire.com‘s news article titled: “Lincoln Tech Inducts New Hall Of Fame Members In Nashville” with publication date: April 27, 2016.

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