Monday, August 09, 2010 1:45:45 PM
http://www.mysmartrend.com/news-briefs/news-watch/shares-solarfun-power-holdings-are-moving-higher-11x-above-average-volume-so-0
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Shares of Solarfun Power Holdings are Moving Higher on 1.1x Above-Average Volume (SOLF)
Written on Mon, 08/09/2010 - 1:15pm
By Chip Brian
Shares of Solarfun Power Holdings (NASDAQ:SOLF) are trading up 7% to $11.41 today on above average volume. Approximately 2.7 million shares have traded hands today vs. average 30-day volume of 2.4 million shares.
Spikes in volume can validate a breakout or signify a potential turning point. As such, SmarTrend will continue to monitor shares of SOLF to see if this bullish momentum will continue.
SmarTrend is bullish on shares of Solarfun Power Holdings and our subscribers were alerted to buy on June 11, 2010 at $7.85. The stock has risen 45.4% since the alert was issued.
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