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ProShares Ultra Telecommunications Down 12.3% Since SmarTrend Downtrend Call (LTL)Nov 28, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for ProShares Ultra Telecommunications (NYSE:LTL) on October 22nd, 2012 at $61.90. In approximately 1 month, ProShares Ultra Telecommunications has returned 12.29% as of today's recent price of $54.29. In the past 52 weeks, ProShares Ultra Telecommunications share prices have been bracketed by a low of $39.02 and a high of $68.07 and are now at $54.29, 39% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has remained constant. Ultra Telecommunications ProShares is an exchange-traded Fund incorporated in the USA. The Fund seeks investment results that correspond to twice (200%) the Dow Jones U.S. Select Telecommunications Index. SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of ProShares Ultra Telecommunications. Log in and add ProShares Ultra Telecommunications (LTL) to your watchlist today so you can receive a real-time alert when the shares are about to change trend. Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup |