TMCNet:  SK Telecom Shares Up 26.0% Since SmarTrend's Buy Recommendation (SKM)

[December 28, 2012]

SK Telecom Shares Up 26.0% Since SmarTrend's Buy Recommendation (SKM)

Dec 28, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for SK Telecom (NYSE:SKM) on July 3rd, 2012 at $12.54. In approximately 6 months, SK Telecom has returned 26.05% as of today's recent price of $15.80.

In the past 52 weeks, shares of SK Telecom have traded between a low of $10.85 and a high of $16.50 and are now at $15.74, which is 45% above that low price. The 200-day and 50-day moving averages have moved 0.25% higher and 0.50% higher over the past week, respectively.


SK Telecom Co., Ltd., an affiliate of SK Group, offers telecommunications services and products in South Korea. The Company provides mobile phone services under the brand names Speed 011. In addition, SK Telecom and its subsidiaries offer other wireless services including data, paging, and Internet services.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of SK Telecom shares.Log in and add SK Telecom (SKM) 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 cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- 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

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