Monthly Cup and Handle spells big gains into year end. Very Strong buy signal just came through with a bullish cross of the Tenkan-sen through the Kijun above the cloud. Other indicators bullish as well with Stochastics crossing back bullish and MACD in Bullish Territory. Monthly candle closes monday and the stoke started squeezing with 6 days to cover. Cup and...
Monthly Cup and Handle spells big gains that appear to have started today on an initial short squeeze. Very Strong buy signal just came through with a bullish cross of the Tenkan-sen through the Kijun above the cloud. Other indicators bullish as well with Stochastics crossing back bullish and MACD in Bullish Territory. After gapping down on the open Glu lrallied...
Monthly Cup and Handle spells big gains into year end. Very Strong buy signal just came through with a bullish cross of the Tenkan-sen through the Kijun above the cloud. Other indicators bullish as well with Stochastics crossing back bullish and MACD in Bullish Territory. Also just closed back above its 50 day MA today.
Monthly Cup and Handle spells big gains into year end. Very Strong buy signal just came through with a bullish cross of the Tenkan-sen through the Kijun above the cloud. Other indicators bullish as well with Stochastics about to cross back bullish and MACD in Bullish Territory. Good support shown after a small secondary was announced for acquisition purposes....
Bounced Perfectly off S3 on Capitulation drop with huge volume. Recovered and has moved up signaling bottom. Bullish Divergences on Stoch and MACD with Pending MACD cross. Also Breaking above the Tenkan-sen on a nice move. Kijun breakout pending as well. Expecting a quick and big move soon based on high level Short interest and big drop it has seen since march.
Breaking out of cloud through TOUGH flat line resistance. Signal of a big momentum move to come. Go Long on the break of R2 at $7.21 with PT of $8.02 or R3.
Filled the post ER gap from smashing qtr and has held long term support and tested 200 day MA. Pick up in volume and very nice strength shown the last few days vs mkt and peers.. Stock also broke back above the cloud on the hourly chart for the 1st time since ER. Buy signals across various time frames. Bullish Tenkan/KiJun Cross on 4 hour and Bullish MACD cross on...
!st time back above the cloud since Post ER pop. Huge short interest will move it quickly.
Filled the post ER gap from smashing qtr and has held long term support and tested 200 day MA. Doji Candle Strong indication of trend reversal. Stock also broke back above the cloud on the 30 min chart for the 1st time since ER. Buy signals across various time frames. Bullish Tenkan/KiJun Cross on hourly and Bullish MACD cross on 4 hr chart.
Trying to break out bullish of a long downtrend. Much talked about Dow Correction could be on the verge of happening. Very good risk/reward in this mkt.
Long term channel was broken on extreme sell off after KING IPO. At oversold levels held support, and now and catching buying strength. ST target is $4.80.
Multi Year Cup and Handle pattern after strong sell off and but signals coming through. Also the Weekly Chart put up a golden cross with the 50 WK MA crossing Bullish Through the 200 WK Moving Average. GLU mobile is also at the bottom of a very strong grand line making risk/reward optimal. Stock is strongly down because of the lackluster KING DIGITAl IPO, and...
Shaping up very nicely for a strong recovery into the close after the mkt selloff
Highly anticipated as an acquisition target and shorts have been slowly squeezing recently. The announced evaluation of King says that Glu Mobile is very undervalued. Stock could really rip here at 52wk highs and a 15% Short interest.
Diamond continuation version of previous chart...
Glu Closed at a 52 wk high today on volume 3x daily average. Short interest is at 20% and just started squeezing 15 min before the close. Check the weekly chart... it's BEAUTIFUL as well! Get in and enjoy the ride!
Heres a look at the 4 hour chart of the breakout about to occur in Glu Mobile
Chart says it all.. Also Company changed it's logo today that is speculated to be related to them being acquired... read more about Glu Mobile and it's growth prospects here: seekingalpha.com