Telecom Signaling Industry News

TMCNet:  KT Has Returned 30.3% Since SmarTrend Recommendation (KT)

[November 29, 2012]

KT Has Returned 30.3% Since SmarTrend Recommendation (KT)

Nov 29, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for KT (NYSE:KT) on June 29th, 2012 at $13.18. In approximately 5 months, KT has returned 30.32% as of today's recent price of $17.17.

Over the past year, KT has traded in a range of $11.64 to $18.23 and is now at $17.17, 48% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.7% while the 200-day MA has risen 0.4%.

KT Corporation provides telecommunication services including local, long distance, and international calling, satellite communication, data transmission, and wireless telephone services in South Korea. The Company also offers network portal and high-speed Internet access services using asymmetric digital subscriber lines (ADSLs).

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of KT shares.Log in and add KT (KT) 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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