Unified Communications Industry News

TMCNet:  11.3% Return Seen to Date on SmarTrend ProShares Ultra Telecommunications Call (LTL)

[November 13, 2012]

11.3% Return Seen to Date on SmarTrend ProShares Ultra Telecommunications Call (LTL)

Nov 13, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for ProShares Ultra Telecommunications (NYSE:LTL) on October 22nd, 2012 at $61.90. In approximately 3 weeks, ProShares Ultra Telecommunications has returned 11.28% as of today's recent price of $54.92.

ProShares Ultra Telecommunications share prices have moved between a 52-week high of $68.07 and a 52-week low of $39.02 and are now trading 41% above that low price at $54.92 per share. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has remained constant.

Ultra Telecommunications ProShares is an exchange-traded Fund incorporated in the USA. The Fund seeks investment results that correspond to twice (200%) the Dow Jones U.S. Select Telecommunications Index.

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

Log in and add ProShares Ultra Telecommunications (LTL) 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 cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- 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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