Extraordinary Volume Observed In Shares Of (NASDAQ: LINE)

NASDAQ (NASDAQ: LINE): fell by 12.64% or $-4.2095/share to $29.08. In the past year, the shares have traded as low as $29.10 and as high as $42.57. On average, 2523680 shares of LINE exchange hands on a given day and today's volume is recorded at 5057379. 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 $33.76 area but be careful because the stock may face selling pressure at this level.