Glu Mobile

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

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-$4.82

52-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.

If you liked this article you might like

Glu Mobile, WWE Tag Team to Develop New Game

The 10 Public Companies That Are the Most Dependent on Apple for Their Revenue

App Stores Are a Booming Business, and Apple Dominates the Market

App Stores Are Still a Booming Business, and Apple Dominates It

Japan Display Branching Out From Apple; Will Other Suppliers Follow Suit?