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Luxottica Shares Up 22.0% Since SmarTrend's Buy Recommendation (LUX)
[April 12, 2012]

Luxottica Shares Up 22.0% Since SmarTrend's Buy Recommendation (LUX)

Apr 12, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Luxottica (NYSE:LUX) on January 3rd, 2012 at $28.69. In approximately 3 months, Luxottica has returned 21.96% as of today's recent price of $34.99.

In the past 52 weeks, Luxottica share prices have been bracketed by a low of $23.99 and a high of $36.78 and are now at $34.99, 46% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 0.3%.

Luxottica Group S.p.A. and its subsidiaries design, manufacture, distribute, and market traditional and designer eyeglass frames and sunglasses. The Company's LensCrafter retail chain of optical stores operates in North America. Luxottica distributes its products around the world. The Company also sells sunglasses through its Sunglass Hut retail chain.


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