Suntech Power Holdings & Sonus Networks Inc. Trend Analyses Reports: (NYSE: STP), (NASDAQ: SONS)Baystreet.ca
Category: Baystreet Newswire
Company: Investor Alley Inc.
Date: Monday, December 31, 2012
New York (December 31st, 2012) - Suntech Power Holdings Co. Ltd. (ADR) (NYSE: STP), a solar energy company engaged in the design, development, manufacturing and marketing of photovoltaic (PV) products, is up sharply in mid-day trading today, extending its gains from last week.STP has been gaining momentum after the company two weeks ago announced that its solar modules have passed the Blowing Sand Test based on DIN EN 60068-2-68 LC2 by SGS, the worlds leading inspection, verification, testing and certification company.STP is currently trading 4.29% higher at $1.46 on volume of 2.60 million, which is below the daily average volume of 2.66 million. The stock has gained more than 29% in the last three trading sessions. STP is trading close to $1.50 resistance level. If the stock can break through this level then the upward momentum will continue.Find out more about STP by getting the free full report here:http://www.wallstreetscoop.net/market-scan/?symbol=STPSonus Networks Inc. (NASDAQ: SONS), a provider of voice and multimedia infrastructure solutions, is flat in mid-day trading today. At last check, SONS was trading at $1.65, unchanged from Friday, on volume of 1.05 million, which is below the daily average volume of 1.36 million. SONS has fallen more than 6% in the last three trading sessions.SONS has fallen below $1.70 support as a result of the recent sell-off. The downward slide will continue if the stock falls below $1.65 support level. The next support level for the stock after $1.65 is at around $1.55.Find out how to successfully trade SONS by getting the free full report here: http://www.wallstreetscoop.net/market-scan/?symbol=SONSAbout Us:WallStreetScoop.net issues momentum alerts on stocks that can provide gains to day traders and short-term investors. WallStreetScoop.net provides members with timely information and exclusive alerts on under-valued stocks in the United States with the potential to deliver short-term gains. WallStreetScoop.net monitors and scans the markets for stock related signals as well as any external factors that might bring trading opportunities. Through a vast network of IR professionals WallStreetScoop.net is often in the know of several large investor awareness campaigns being deployed.Timing is everything when trading small cap stocks. Gain an Edge by joining the WallStreetScoop.net newsletter and receiving alerts from a Pro-Active team of researchers. Wall Street Scoop believes traders should have a chance at successfully trading Small stocks and invites traders and investors to be part of the free membership.Simply sign up for free and start receiving exclusive alerts.Subscribe Here: http://www.WallStreetScoop.netDisclosure: WallStreetScoop.net is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell securities. Investors should always conduct their own due diligence with any potential investment. Please visit WallStreetScoop.Net website, for complete risks and disclosures.Investor Alley, its employees, officers, directors, shareholders and affiliates, hold no positions in the above-mentioned stocks.Contact Info:Thomas GreeneWall Street Scoopinfo@wallstreetscoop.net347-905-5009