Ku6 Media (KUTV) is an online video company in China. This stock is trading up 8.6% to $2.15 in recent trading.
Today's Range: $1.98-$2.2952-week Range: $0.75-$8.12 Volume: 951,000 Three-Month Average Volume: 307,147 From a technical perspective, KUTV is starting to break out today above some near-term overhead resistance at $2.19 on heavy volume. Market players should now watch for a sustained high-volume move and close above $2.19 to signal that KUTV wants to re-test its 200-day moving average of $2.50. Any high-volume move and close above the 200-day should set this stock up to re-test its 2012 high of $4.04. Look for volume on a move over $2.50 that's near or well above 307,147 shares.
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