6/7/2011 1:12:50 PM - Making its second consecutive mid-day report appearance.  The 6/06/11 mid-day report noted - <em>&quot;It is extended from a sound base after rallying to new 52-week highs since last noted in the 5/12/11 mid-day report after finding prompt support near its 50 DMA line. This Brazilian Telecom - Wireless Services firm has no overhead supply to act as resistance. Quarterly comparisons have shown strong earnings increases (good <strong>C</strong> criteria) history. However, FY &#39;11 consensus earnings estimates call for only <strong>+8%</strong> growth, and its relatively low P/E Ratio (<strong>0.9</strong> X S&amp;P 500 now) weighs negatively concerning its earnings growth outlook.&quot; </em><br><hr>6/6/2011 12:23:48 PM - It is extended from a sound base after rallying to new 52-week highs since last noted in the 5/12/11 mid-day report after finding prompt support near its 50 DMA line. This Brazilian Telecom - Wireless Services firm has no overhead supply to act as resistance. Quarterly comparisons have shown strong earnings increases (good <strong>C</strong> criteria) history. However, FY &#39;11 consensus earnings estimates call for only <strong>+8%</strong> growth, and its relatively low P/E Ratio (<strong>0.9</strong> X S&amp;P 500 now) weighs negatively concerning its earnings growth outlook.<br><hr>5/12/2011 1:55:42 PM - Recently found prompt support after undercutting its 50 DMA line during its consolidation since spiking to new highs. A streak of volume-driven gains to new highs and choppy action has followed after the 3/29/11 mid-day report last noted - <em>&quot;Telesp, the Brazilian fixed-line telecom unit of Spain&#39;s Telefonica, will take over mobile carrier Vivo in a share swap announced last week after rallying to a new 52-week high with <strong>6</strong> consecutive gains. Prior mid-day reports noted - &#39;This Brazilian Telecom - Wireless Services firm spiked to new 52-week and multi-year highs with a recent spurt of volume-driven gains. No overhead supply remains to act as resistance. Quarterly comparisons have shown strong earnings increases (good <strong>C</strong> criteria) history. FY &#39;11 earnings estimates call for only <strong>+4%</strong> growth, and the Telecom Services - Foreign group has a poor Relative Strength rating of <strong>21</strong>.&#39;&quot; </em><br><hr>3/29/2011 2:08:33 PM - Positively reversed after a gap down today and loss on heavy volume on the prior session. Telesp, the Brazilian fixed-line telecom unit of Spain&#39;s Telefonica, will take over mobile carrier Vivo  in a share swap announced last week after rallying to a new 52-week high with <strong>6</strong> consecutive gains. Prior mid-day reports noted - <em>&quot;This Brazilian Telecom - Wireless Services firm spiked to new 52-week and multi-year highs with a recent spurt of volume-driven gains. No overhead supply remains to act as resistance. Quarterly comparisons have shown strong earnings increases (good <strong>C</strong> criteria) history. FY &#39;11 earnings estimates call for only <strong>+4%</strong> growth, and the Telecom Services - Foreign group has a poor Relative Strength rating of <strong>21</strong>.&quot;</em><br><hr>3/28/2011 1:37:55 PM - Pulling back today from a new 52-week high hit on the prior session after <strong>6</strong> consecutive gains. Last noted in the 3/03/11 mid-day report - <em>&quot;This Brazilian Telecom - Wireless Services firm spiked to new 52-week and multi-year highs with a recent spurt of volume-driven gains. No overhead supply remains to act as resistance. Quarterly comparisons have shown strong earnings increases (good <strong>C</strong> criteria) history. FY &#39;11 earnings estimates call for only <strong>+4%</strong> growth, and the Telecom Services - Foreign group has a poor Relative Strength rating of <strong>21</strong>.&quot;</em><br><hr>3/3/2011 12:26:58 PM - Up again today for a new high.  The 3/02/11 mid-day report noted - <em>&quot;This Brazilian Telecom - Wireless Services firm spiked to new 52-week and multi-year highs with a recent spurt of volume-driven gains. No overhead supply remains to act as resistance. Quarterly comparisons have shown strong earnings increases (good <strong>C</strong> criteria) history. FY &#39;11 earnings estimates call for only <strong>+4%</strong> growth, and the Telecom Services - Foreign group has a poor Relative Strength rating of <strong>21</strong>.&quot;</em><br><hr>3/2/2011 1:26:51 PM - This Brazilian Telecom - Wireless Services firm spiked to new 52-week and multi-year highs with a recent spurt of volume-driven gains. No overhead supply remains to act as resistance. Quarterly comparisons have shown strong earnings increases (good <strong>C</strong> criteria) history. FY &#39;11 earnings estimates call for only <strong>+4%</strong> growth, and the Telecom Services - Foreign group has a poor Relative Strength rating of <strong>21</strong>.<br><hr>12/3/2009 1:04:24 PM - This Brazilian Telecom - Wireless Services firm has an erratic annual and quarterly earnings history.<br><hr>