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This stock was featured earlier in the month. The stock is ready to go again!
NQ Mobile (NQ) provides mobile Internet services in the areas of mobile security, privacy, productivity, personalized cloud, and family protection.
It operates through two segments, Consumer and Enterprise.
The company offers NQ Mobile Security, a mobile security product that protects users mobile voice and data from malicious software, data theft, and privacy intrusion; and mobile security services, such as mobile malware scanning, Internet firewall, account and communication safety, anti-theft, performance optimization, hostile software rating, and reporting.
It also provides NQ Mobile Vault, a mobile privacy product that ensures users digital privacy through active control and on-device encryption of content and communication, including contacts, SMS, pictures, videos, and call logs; and Android Booster, Mobile Manager, and NQ Mobile Call Blocker mobile productivity products, which enhance users time and relationship management. In addition, the company offers NQ Family Guardian that allows parents to protect their children on smartphones; NQ Space, which provides personalized cloud services and synchronizes user information; and a cloud security and vault/storage software development kit. Further, it provides mobile games, Interest-based community applications, and advertising services; and enterprise mobility solutions, such as mobile device management solutions, bring-your-own-device platform, cross platform middleware/center enterprise server solutions, enterprise mobile security platform, industry mobility solutions, and architecting mobility strategies, as well as device sourcing, devices and application deployment and optimization, and training and support services.
Shares have formed a bullish "cup & handle" and are ready to move higher!
52-Week Trading Range: $5.07 - $23.95
Entry Point: $23.75
Stop Loss: $22.50
Target Price: $26.12
NQ fell below our stop loss. Position was closed at $22.50.
