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Downtrend Call Working As LG Display Stock Falls 28.5% (LPL)
[May 28, 2012]

Downtrend Call Working As LG Display Stock Falls 28.5% (LPL)

May 28, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for LG Display (NYSE:LPL) on March 28th, 2012 at $11.91. In approximately 2 months, LG Display has returned 28.46% as of today's recent price of $8.52.

LG Display share prices have moved between a 52-week high of $17.25 and a 52-week low of $7.38 and are now trading 15% above that low price at $8.52 per share. Over the last five market days, the 200-day moving average (MA) has gone down 0.4% while the 50-day MA has declined 3.3%.

LG Display Company Ltd. develops and manufactures digital display products. The Company's products include thin film transistor-liquid crystal displays (TFT-LCD) for notebook and desktop computer monitors, TVs, and mobile phones. LG Display provides its products to overseas and domestic markets.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of LG Display.

Log in and add LG Display (LPL) 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 --------------------------------------------------------------------------------------------- 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 Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at:

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