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Tuesday, July 2, 2013

Surprising Price Movement Detected In Shares Of (NYSE: USU)

NYSE (NYSE: USU): traded higher by 2273.81% or $6.6668/share to $6.96. In the past year, the shares have traded as low as $0.27 and as high as $1.04. On average, 620052 shares of USU exchange hands on a given day and today's volume is recorded at 963. The shares are currently trading above the 200-day moving average which indicates that the shares have been subject to upward momentum. The 200 DMA is above the 50 DMA which indicates that the stock has likely taken a dip in the shorter term. The stock may eventually drop to test the 200-day moving average where buyers may be lurking near the $0.4369 area.