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Wednesday, July 3, 2013

Abnormal Price Movement Found In Shares Of (NYSE: USU)

NYSE (NYSE: USU): fell by 15.04% or $-1.0/share to $5.65. In the past year, the shares have traded as low as $6.10 and as high as $26.00. On average, 24742 shares of USU exchange hands on a given day and today's volume is recorded at 84312. The shares are currently trading below the 50-day and 200-day moving averages which indicates that the shares have been experiencing downward momentum. The stock may bounce back to test the 200-day moving average. Thus, you may want to pay close attention for a move up to the $8.36 area but be careful because the stock may face selling pressure at this level.