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15.4% Return Seen to Date on SmarTrend KT Call (KT)May 15, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for KT (NYSE:KT) on November 21st, 2011 at $15.35. In approximately 6 months, KT has returned 15.43% as of today's recent price of $12.98. Over the past year, KT has traded in a range of $12.50 to $20.40 and is now at $12.98, 4% above that low. Over the past week, the 200-day moving average (MA) has gone down 0.7% while the 50-day MA has declined 0.8%. KT Corporation provides telecommunication services including local, long distance, and international calling, satellite communication, data transmission, and wireless telephone services in South Korea. The Company also offers network portal and high-speed Internet access services using asymmetric digital subscriber lines (ADSLs). SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of KT. Log in and add KT (KT) 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 |
