Glu Mobile (GLUU) designs, markets and sells mobile games. This stock is trading up 13% to $4.79 in recent trading.
Today's Range: $4.23-$4.8252-Week Range: $1.80-$6.10 Volume: 4.5 million Three-Month Average Volume: 2.5 million >>Top 5 Tech Stocks in a Down Market From a technical perspective, GLUU is ripping higher here back above its 50-day moving average of $4.38 on monster volume. This move is quickly pushing the stock within range of triggering a major breakout trade. That trade will hit once GLUU takes out some near-term overhead resistance at $5 to $5.18 with volume. Traders should now look for long-biased trades off a sustained move or close above $5 to $5.18 that comes on volume near or above 2,543,000 shares. If we get that action soon, then look for GLUU to re-test its 2011 high of $6.10 at the minimum.
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