TMCNet:  Uptrend Call Working As ePlus Stock Rises 22.8% (PLUS)

[March 15, 2013]

Uptrend Call Working As ePlus Stock Rises 22.8% (PLUS)

Mar 15, 2013 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for ePlus (NASDAQ:PLUS) on November 26th, 2012 at $39.10. In approximately 4 months, ePlus has returned 22.76% as of today's recent price of $48.00.

ePlus share prices have moved between a 52-week high of $49.49 and a 52-week low of $29.00 and are now trading 66% above that low price at $48.00 per share. Over the past week, the 200-day moving average (MA) has gone up 0.8% while the 50-day MA has advanced 1.2%.


ePlus inc. is an e-commerce business to business supply chain management services provider. The Company's services include automated Internet procurement, asset management, and financing to commercial, educational, and government enterprises.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of ePlus shares.Log in and add ePlus (PLUS) 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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