[May 22, 2012] Shares of NTL Down 33.8% Since Downtrend Call on Shares Tweet May 22, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for Nortel Inversora (NYSE:NTL) on February 8th, 2012 at $24.29. In approximately 3 months, Nortel Inversora has returned 33.80% as of today's recent price of $16.08. Nortel Inversora share prices have moved between a 52-week high of $29.41 and a 52-week low of $15.61 and are now trading 3% above that low price at $16.08 per share. The 200-day and 50-day moving averages have moved 0.72% lower and 2.01% lower over the past week, respectively. 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 changes in momentum for shares of Nortel Inversora. 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 [ Back To TMCnet.com's Homepage ]