AROD01
Short

Glu Mobile, Short-Term Bull, Pennant Pattern, Under $10.00

NASDAQ:GLUU   GLU MOBILE INC
I am not licensed or certified by any individual or institution to give financial advice. I am not a professional Stock trader.

I see a possible Pennant pattern forming for Glu Mobile . I will consider a bullish buy (Stock or Call Option) if GLUU breaks above $3.85ish and maintains a price above $3.90ish. Possible optimistic exit prices would $4.37ish (from back in November 22-24, 2017) or all the way up to the blue line of resistance of $4.69/$4.70 area (from October and December 2017). Higher volume would also need to be an indicator of a good buy for a Pennant . If this does break out bullish I expect it to happen within 1-3 trading days. I do not currently have any positions in Glu Mobile .
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