Trade Idea - SunTech Power Holdings
Monday, December 24, 2007
Chart courtesy of stockcharts

SunTech Power Holdings shares were up on Friday more than 4% making a new historical close above $85. The stock has been consistently trending higher with nice steps over the last month and volume has picked up as well. Friday finally broke out to new all-time highs. I have no idea how high this one can go but stock is in a strong Bull Market, without resistances above. Keep an eye on SunTech Power Holdings during this week, that by coincidence will be short.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical example.

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posted by Pro Investor Trader at 2:20 AM | Permalink


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