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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 --------------------------------------------------------------------------------------------- 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 Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at:

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