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TMCNet:  NII Holdings Has Returned 10.8% Since SmarTrend Recommendation (NIHD)

[December 11, 2012]

NII Holdings Has Returned 10.8% Since SmarTrend Recommendation (NIHD)

Dec 11, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for NII Holdings (NASDAQ:NIHD) on November 12th, 2012 at $5.93. In approximately 4 weeks, NII Holdings has returned 10.79% as of today's recent price of $5.29.



In the past 52 weeks, shares of NII Holdings have traded between a low of $4.75 and a high of $24.32 and are now at $5.29, which is 11% above that low price. The 200-day and 50-day moving averages have moved 2.45% lower and 1.57% lower over the past week, respectively.

NII Holdings Inc., provides mobile communications for business customers in Latin America. The Company has operations in Argentina, Brazil, Chile, Mexico, and Peru, offering a fully integrated wireless communications tool with digital cellular service, text/numeric paging, wireless internet access, and Nextel DirectConnect, a digital two-way radio feature.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of NII Holdings.

Log in and add NII Holdings (NIHD) 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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