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TMCNet:  Downtrend Call Working As Youku.com Stock Falls 16.5% (YOKU)

[April 19, 2013]

Downtrend Call Working As Youku.com Stock Falls 16.5% (YOKU)

Apr 19, 2013 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for Youku.com (NYSE:YOKU) on February 21st, 2013 at $20.61. In approximately 2 months, Youku.com has returned 16.48% as of today's recent price of $17.21.

In the past 52 weeks, shares of Youku.com have traded between a low of $13.82 and a high of $25.58 and are now at $17.21, which is 25% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.5% while the 50-day MA has declined 2.2%.

Youku.com Inc. is an Internet television company. The Company's Internet television platform enables consumers to search, view and share video content quickly and easily across multiple devices in the People's Republic of China.

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

Log in and add Youku.com (YOKU) 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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