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Nortel Inversora Shares Up 18.7% Since SmarTrend's Buy Recommendation (NTL)
[December 19, 2012]

Nortel Inversora Shares Up 18.7% Since SmarTrend's Buy Recommendation (NTL)


Dec 19, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Nortel Inversora (NYSE:NTL) on October 5th, 2012 at $11.19. In approximately 3 months, Nortel Inversora has returned 18.68% as of today's recent price of $13.28.



In the past 52 weeks, shares of Nortel Inversora have traded between a low of $9.03 and a high of $27.52 and are now at $13.28, which is 47% above that low price. Over the past week, the 200-day moving average (MA) has gone down 1.9% while the 50-day MA has advanced 1.9%.

Nortel Inversora S.A. is a holding company which holds a controlling interest in Telecom Argentina STET-France Telecom S.A., the provider of telecom services in the northern half of Argentina. Telecom Argentina is operated by Nortel's controlling shareholders, Italy's STET, and France Telecom.


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

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