[May 25, 2012] 14.9% Return Seen to Date on SmarTrend POSCO Call (PKX) Tweet May 25, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for POSCO (NYSE:PKX) on March 20th, 2012 at $87.83. In approximately 2 months, POSCO has returned 14.90% as of today's recent price of $74.74. Over the past year, POSCO has traded in a range of $70.47 to $113.24 and is now at $74.74, 6% above that low. The 200-day and 50-day moving averages have moved 0.53% lower and 1.2% lower over the past week, respectively. POSCO manufactures various types of steel products. The Company produces hot rolled steel, cold rolled steel, stainless steel, and other forms of steel. The products are mainly used for automobile, construction, and shipbuilding industries. SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of POSCO. Log in and add POSCO (PKX) 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 ]