Millennial Media (NYSE:MM)

CAPS Rating: 2 out of 5

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Player Avatar proclean808 (< 20) Submitted: 8/10/2012 3:49:41 AM : Outperform Start Price: $12.74 MM Score: -3.29

Millennial Media. Inc. (MM) had an important day on Thursday August 9, 2012. The trend line, price-resistance, and 21- and 50-day moving average were broken. It closed at the upper end of the range, up 2.86 to 13.05, or 28%, on 2.9 million shares. Look for a move to 14-14.50 short-term, and then 16 intermediate-term.by Harry Boxer

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