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Downtrend Call Working As Telestone Technologies Stock Falls 6.9% (TSTC)Dec 02, 2011 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for Telestone Technologies (NASDAQ:TSTC) on November 15th, 2011 at $5.63. In approximately 2 weeks, Telestone Technologies has returned 6.93% as of today's recent price of $5.24. Telestone Technologies share prices have moved between a 52-week high of $12.23 and a 52-week low of $3.88 and are now trading 35% above that low price at $5.24 per share. In the last five trading sessions, the 50-day moving average (MA) has fallen 1.2% while the 200-day MA has slid 1.4%. Telestone Technologies Corporation provides wireless communications coverage solutions in the People's Republic of China. The Company primarily provides its products through its national sales and services network. Telestone offers repeaters, antennas, and radio accessories, as well as project design, project management, installation, maintenance, and other after-sales services. SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Telestone Technologies. Log in and add Telestone Technologies (TSTC) 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 [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 |