Saturday, February 21, 2015

Neustar Inc (NYSE: NSR)

NeuStar, Inc. provides real-time information services and analytics worldwide. It develops unique solutions using proprietary, third-party and client data sets. The company serves marketing and security functions in the communications, financial services, media and advertising, retail and e-commerce, Internet, and technology industries. Neustar’s integrated marketing solution enhances clients’ ability to acquire and retain valuable customers across disparate platforms. It offers marketing services, including customer intelligence services that provide scientific, cloud-based solutions to identify, verify, and segment existing and potential customers in real-time for marketing solutions, and fraud and risk mitigation; activation services, which enable online display ad targeting of prospect audiences and customers; and campaign conversion analytics that enable clients to measure advertising effectiveness.
Take a look at the 1-year chart of Neustar (NYSE: NSR) with the added notations:
1-year chart of Neustar (NYSE: NSR)
NSR has been trading mostly sideways over the last 10 months while repeatedly finding support at $24 (green) whenever that level has been approached. Now that the stock is there again, traders should be able to expect some sort of bounce. However, if the $24 support were to break, much lower prices should follow.

The Tale of the Tape: NSR has a key level of support at $24. A trader could enter a long position at $24 with a stop placed under the level. If the stock were to break below the support a short position could be entered instead.
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