New York, NY -- (ReleaseWire) -- 11/05/2012 --Glu Mobile Inc. (NASDAQ:GLUU) stock closed its latest trading session at $2.56, down 21.47 percent from its previous close of $3.26. The stock plunged with the volume of 8.9 million, about 4 times higher than its usual volume of $2.828 million shares. Glu Mobile stock opened the session at $2.69 and touched its highest price point at $2.80. Its lowest price point for the session stood at $2.48. The stock is currently in the bearish mode and is likely to continue the trend as shown by its MACD chart. It is also trading below its long term moving average price of $2.57.
Find out if a bounce back is imminent for GLUU by reading the free trend analysis report here: http://www.wallstreetreport.net/market-scan/?symbol=GLUU
Alaska Communications Systems (NASDAQ:ALSK) is showing neutral trend as it traded in the range of $1.95 and $2.2084 during its latest trading session. The stock had opened at $2.04 and closed at $2.06, down 10.82 percent from its previous close of $2.31. Alaska Communications recorded the volume of 1.663 million shares, more than five times its average daily trading volume stands at 296k shares. The stock is likely to turn bearish in medium time period and may tumble down to $1.97 level. On the up side, the stock may go as high as $2.12 in the coming trading sessions.
Find out where ALSK could be heading by reading the free trend analysis report here: http://www.wallstreetreport.net/market-scan/?symbol=ALSK
Accuride Corporation (NYSE:ACW) stock closed its latest trading session at $2.41, down 10.07 percent from its previous close of $2.68, with very high volumes. Its latest trading volume has been recorded at 5.145 million shares, in contrast to the average daily trading volume of 380k shares. The stock opened the session at $2.60 and touched its highest price point at $2.67. Accuride stock’s lowest price point for the session stood at $2.34. The stock’s MACD chart shows bearish trend and the stock may test its first support level at $2.32.
Get the latest trend analysis report on ACW here: http://www.wallstreetreport.net/market-scan/?symbol=ACW
Alcatel Lucent SA (NYSE:ALU) traded in the range of $0.98 and $1.92 during its latest trading session. The stock had opened at $0.99 and closed at $1.00, down 9.91 percent from its previous close of $1.11 with heavy volume. Alcatel Lucent recorded the volume of 20.982 million shares. Its average daily trading volume stands at 10.85 million shares. The stock price is trading in line with its short term moving average price and long term moving average price of $1.00. While the stock is likely to remain neutral in short term time frame, it may turn bearish in medium time range as its MACD chart shows bearishness. Alcatel Lucent may find its first support level at $0.93.
Find out more about ALU by reading the free trend analysis report here: http://www.wallstreetreport.net/market-scan/?symbol=ALU
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