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11.6% Return Seen to Date on SmarTrend NII Holdings Call (NIHD)
[December 04, 2012]

11.6% Return Seen to Date on SmarTrend NII Holdings Call (NIHD)

Dec 04, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for NII Holdings (NASDAQ:NIHD) on November 12th, 2012 at $5.93. In approximately 3 weeks, NII Holdings has returned 11.64% as of today's recent price of $5.24.

In the past 52 weeks, shares of NII Holdings have traded between a low of $4.75 and a high of $24.32 and are now at $5.11, which is 8% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 2.5% while the 50-day MA has declined 1.6%.

NII Holdings Inc., provides mobile communications for business customers in Latin America. The Company has operations in Argentina, Brazil, Chile, Mexico, and Peru, offering a fully integrated wireless communications tool with digital cellular service, text/numeric paging, wireless internet access, and Nextel DirectConnect, a digital two-way radio feature.

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

Log in and add NII Holdings (NIHD) 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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