TubeMogul Inc Looks Poised For A New Wave Higher
António Costa | May 15, 2016 02:45PM ET
TubeMogul Inc (NASDAQ:TUBE) looks poised for a new wave higher, potentially reaching $15 before month-end. The recent pullback, and the guidance rise has probably attracted a ton of traders looking for an opportunity to jump into a stock that took a dip. From a technical perspective, there are several short/mid term technical indications suggesting that TUBE could make a move to higher levels. On Friday’s session the stock closed near the highs of the day which is very bullish for next week. I have seen real signs of accumulation (A/D Indicator) for the past 2 months and I'm hoping to see another leg up.
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