TMCNet:  Telecom Argentina Shares Up 48.9% Since SmarTrend's Buy Recommendation (TEO)

[February 01, 2013]

Telecom Argentina Shares Up 48.9% Since SmarTrend's Buy Recommendation (TEO)

Feb 01, 2013 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Telecom Argentina (NYSE:TEO) on December 11th, 2012 at $10.70. In approximately 2 months, Telecom Argentina has returned 48.85% as of today's recent price of $15.92.


Over the past year, Telecom Argentina has traded in a range of $9.12 to $22.26 and is now at $15.92, 75% above that low. The 200-day and 50-day moving averages have moved 0.29% lower and 4.10% higher over the past week, respectively.

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 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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