Surprising Price Movement Spotted In Shares Of (NASDAQ: LINE)

NASDAQ (NASDAQ: LINE): fell by 15.11% or $-5.03/share to $28.26. In the past year, the shares have traded as low as $34.27 and as high as $42.57. On average, 1785780 shares of LINE exchange hands on a given day and today's volume is recorded at 15860434. 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 $37.86 area but be careful because the stock may face selling pressure at this level.