TMCnet News
15.6% Return Seen to Date on SmarTrend Telecom Argentina Call (TEO)Jan 03, 2013 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Telecom Argentina (NYSE:TEO) on December 11th, 2012 at $10.70. In approximately 3 weeks, Telecom Argentina has returned 15.57% as of today's recent price of $12.36. Telecom Argentina share prices have moved between a 52-week high of $22.33 and a 52-week low of $9.12 and are now trading 36% above that low price at $12.36 per share. Over the last five market days, the 200-day moving average (MA) has gone down 0.9% while the 50-day MA has advanced 0.7%. Telecom Argentina SA provides telecommunications services including local, long-distance and international service in Argentina. The Company, through its subsidiaries, also provides cellular telecommunications services and offers paging services. SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Telecom Argentina shares.Log in and add Telecom Argentina (TEO) 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 |