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Uptrend Call Working As Luxottica Stock Rises 38.0% (LUX)
Mar 14, 2013 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend identified an Uptrend for Luxottica (NYSE:LUX) on September 19th, 2012 at $36.29. In approximately 6 months, Luxottica has returned 38.00% as of today's recent price of $50.08.
In the past 52 weeks, Luxottica share prices have been bracketed by a low of $30.78 and a high of $50.24 and are now at $50.08, 63% 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 1.1%.
Luxottica Group S.p.A. and its subsidiaries design, manufacture, distribute, and market traditional and designer eyeglass frames and sunglasses. The Company's LensCrafter retail chain of optical stores operates in North America. Luxottica distributes its products around the world. The Company also sells sunglasses through its Sunglass Hut retail chain.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Luxottica shares.Log in and add Luxottica (LUX) 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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