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After Yesterday's Decline of 1.58%, DIRECTV Offers Investors Better Value
[May 22, 2013]

After Yesterday's Decline of 1.58%, DIRECTV Offers Investors Better Value


May 22, 2013 (SmarTrend(R) News Watch via COMTEX) -- DIRECTV (NASDAQ:DTV) traded in a range yesterday that spanned from a low of $63.55 to a high of $65.20. Yesterday, the shares fell 1.6%, which took the trading range below the 3-day low of $63.94 on volume of 3.5 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

Over the past year, DIRECTV has traded in a range of $39.82 to $65.81 and is now at $63.97, 61% above that low. Over the last five market days, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has advanced 1.6%.

SmarTrend recommended that subscribers consider buying shares of DIRECTV on March 12th, 2013 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $51.34. Since that recommendation, shares of DIRECTV have risen 26.6%. We continue to monitor DTV for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.


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

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