Short Term Target $5.14. Breakout with no resistance above $5.04. 20$ short interest could make things crazy very quickly.
Glu has formed a nice multi-month bottom after a strong sell off in OCT of 2012. Now headed back to top of cup at $5.50 before the handle retracement . Glu Mobile Just reported a record shattering qtr bering EPS consensus by 1,000%. There is a 20% short interest on the stock and acquisition target in hot mobile gaming sector and has much more room to run. PT this...
Watch for a breakout to head back over $4/share.
ER on 2/5 will be best qtr ever. Zynga reported early and beat estimate and stock rose 25% as mobile gaming is still exploding across the world. Zynga's Acquisition of Mobile game maker Natural Motion to help expedite their move to mobile values Glu Mobile at around $10/share. Currently very undervalued because of a 20% short interest.. W bottom Formation Suggests...
Strong Sell Off after reaching 52 week highs presents a good swing entry with a target price of a new 52 week high of over $4.40. Company may report 1st profit in 12 year history at ER on 2/5. Weekly chart also looks great.
Could run strongly tomorrow after closing at a 52 Week High Close. Don't care for the gaps below but all signals point to buy.
Big move is starting... 2nd day of closing at a new 52 week high, pressing against upper BB, and a 25% short interest. Earnings is early February and Management pre-announced that this would be their best quarter in the companies 12 year history, and first time reporting a profit on their recent very successful game launches. Short-term target $5.50.
Retest of support and a break out to 52 week highs above the cloud. 25% short interest to fuel a massive run with record breaking Q4 report in Early Feb.
Breaking above weekly resistance and Cowen and Co just named Glu Mobile the top Gaming pick of 2014 this morning.
Short interest of 25% and low float may take it there very quickly. New game launches and Partnership with Multi-Billion dollar Japanese company to co-publish/ cross promote games will accelerate revenue growth. Glu also just announced they are publishing their most successful title to Facebbok for the first time in the companies history. Additional revenue to...
Breakout out of resistance and flagging on the intraday.
Flagging on the hourly chart within a cup and handle breakout.
Close above trend line… 3 days of bouncing off top of trend line. Now moving up through fractal levels.
Confirmation confirmed with Volume. Close above upper end of handle yesterday confirmed with increased volume and strong move up today. 25% short interest ready to SQUEEZE!
Very Strong buy on daily chart while in uptrend. GLUU also put in a buy signal on the Weekly and is nearing the top of the cloud on the weekly chart. Glu has put up a strong buy 4 times in the last two years. March 20, 2012 Stock went from 3.91 to 5.09 in 9 days. Feb 6, 2012 Stock went from 3.84 to 4.68 in 3 days. July 8, 2011 Stock went from 5.30-6.10 in 7...
Very Strong buy on daily chart while in uptrend. GLUU also put in a buy signal on the Weekly and is nearing the top of the cloud on the weekly chart. Recently put in a new 52 week high, and expecting a raised Q4 guidance on stronger than expected revenues from blockbuster game Deer Hunter 2014. Short interest is around 25% and currently above squeeze trigger of...
Glu Mobile just launched a Record Breaking, Top Grossing game. As a micro cap, this blockbuster game is huge. Many other catalysts include iPhone release in China, Real Money Gambling ventures, turning profitable "next year" but should surprise this year, and a big acquisition target. It is a screaming buy here! Ticker Symbol: GLUU.