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Friday, March 23, 2012
Surprising Volume Found In (NYSE: NTT)
Nippon Telegraph & Telephone Corp. (NYSE: NTT): fell by 0.30% or $-0.07/share to $23.01. In the past year, the shares have traded as low as $21.93 and as high as $26.32. On average, 411081 shares of NTT exchange hands on a given day and today's volume is recorded at 1181449. The shares are currently trading below the 50-day and 200-day moving averages which indicates that the shares have been experiencing downward momentum. The stock may bounce back to test the 200-day moving average. Thus, you may want to pay close attention for a move up to the $23.84 area but be careful because the stock may face selling pressure at this level.
