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Zhongpin Has Returned 16.5% Since SmarTrend Recommendation (HOGS)
Jan 10, 2013 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend identified an Uptrend for Zhongpin (NASDAQ:HOGS) on September 24th, 2012 at $11.10. In approximately 4 months, Zhongpin has returned 16.54% as of today's recent price of $12.93.
In the past 52 weeks, shares of Zhongpin have traded between a low of $6.60 and a high of $17.31 and are now at $12.93, which is 96% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.6% while the 50-day MA has advanced 0.8%.
Zhongpin, Inc. processes food. The Company produces and distributes fresh and frozen pork, processed meat products, and vegetables within, and outside, the Peoples Republic of China. Zhongpin distributes its products in China through supermarkets.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Zhongpin shares.Log in and add Zhongpin (HOGS) 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
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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
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