NQ Mobile (NQ) is a global provider of mobile Internet services focusing on security, privacy and productivity. NQ Mobile is a provider of Freemium subscription services with approximately 172 million registered user accounts in over 150 countries. This stock is trading up 7% to $7.60 in recent trading.
Today's Range: $7.20-$7.7852-Week Range: $3.46-$12.70 Volume: 338,000 Three-Month Average Volume: 383,141 >>5 Social Networking Stocks to Sell Now From a technical perspective, NQ is gapping higher here with decent volume. This move is quickly pushing the stock within range of taking out both its 200-day moving average at $7.73 and its 50-day moving average at $7.84. Traders should now look for long-biased trades once NQ sustains a move or close above both of those levels with volume that's near or above 383,141 shares. If we get that action soon, then NQ has a chance of trending higher towards its next significant overhead resistance levels at $8.50 to $9.48. On the flipside, I would simply avoid NQ or look for short-biased trades if it fails to take those key moving averages out soon with high volume.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV