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Telefonos de Mexico (TMX) Bearish Technical Alert - Trend Down 3.6%
[October 26, 2009]

Telefonos de Mexico (TMX) Bearish Technical Alert - Trend Down 3.6%


Oct 26, 2009 (SmarTrend(R) Spotlight via COMTEX) -- Telefonos de Mexico (NYSE:TMX) is trading 1.6% lower (down $0.27 to $16.77) today on volume of 573,677 shares. The stock has traded within a 52-week range of $12.54 and $22.84.

Telefonos de Mexico is currently below its 50-day moving average of $17.86 and should find support at its 200-day moving average of $16.49.

SmarTrend is bearish on shares of TMX and our subscribers received a Downtrend alert on September 24, 2009 at $17.40, which has returned 3.6% to date.

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.TradeTheTrend.com.

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