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19.1% Return Seen to Date on SmarTrend Embotelladora Andina Call (AKO.B)
Feb 04, 2013 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend identified an Uptrend for Embotelladora Andina (NYSE:AKO.B) on September 12th, 2012 at $33.79. In approximately 5 months, Embotelladora Andina has returned 19.12% as of today's recent price of $40.25.
Over the past year, Embotelladora Andina has traded in a range of $29.04 to $40.45 and is now at $40.25, 39% above that low. Over the last five market days, the 200-day moving average (MA) has gone up 0.5% while the 50-day MA has advanced 0.6%.
Embotelladora Andina S.A. produces, markets, and distributes Coca-Cola products throughout Chile, Brazil, and Argentina. The Company distributes soda, juices, mineral water, and other non-alcoholic beverages. Andina also produces PET plastic bottles.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Embotelladora Andina shares.Log in and add Embotelladora Andina (AKO.B) 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
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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