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TMCNet:  Higher One Down 13.3% Since SmarTrend Downtrend Call (ONE)

[December 06, 2012]

Higher One Down 13.3% Since SmarTrend Downtrend Call (ONE)

Dec 06, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for Higher One (NYSE:ONE) on November 7th, 2012 at $10.33. In approximately 4 weeks, Higher One has returned 13.26% as of today's recent price of $8.96.


In the past 52 weeks, shares of Higher One have traded between a low of $8.84 and a high of $20.48 and are now at $8.96, which is 1% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.8% while the 50-day MA has declined 1.9%.

Higher One Holdings Inc. provides technology and payment services to the higher education industry as well as student-oriented banking services on campus communities. The Company focuses on providing disbursement and payment solutions.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Higher One .

Log in and add Higher One (ONE) 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 --------------------------------------------------------------------------------------------- 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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