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eLong Up 16.4% Since SmarTrend Uptrend Call (LONG)
[September 05, 2012]

eLong Up 16.4% Since SmarTrend Uptrend Call (LONG)

Sep 05, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for eLong (NASDAQ:LONG) on July 31st, 2012 at $13.24. In approximately 1 month, eLong has returned 16.36% as of today's recent price of $15.40.

Over the past year, eLong has traded in a range of $10.51 to $18.72 and is now at $15.40, 47% above that low. The 200-day and 50-day moving averages have moved 0.06% higher and 1.14% higher over the past week, respectively.

eLong Inc. is an independent travel service company with a national presence across the Peoples' Republic of China. The Company uses Web-based distribution technologies and a 24-hour nationwide call center to provide consumers with travel information, and the ability to access hotel reservations at discounted rates at hotels in major cities across the country.

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