Mid-Day Commentary & Reports For: (NYSE: TSL), (NYSE: SPF)
New York, NY -- (ReleaseWire) -- 01/29/2013 --Trina Solar Limited (NYSE: TSL) traded in the range of $4.80 and $5.15 during its latest trading session. The stock opened at $4.92 and is currently at $4.90, down 0.20 percent from its previous close of $4.91. Despite its down movement, the stock’s MACD chart shows bullish trend and the stock may go up to $5.13 level in the coming session.
Trina Solar reported its new deal to supply 30 Megawatts of solar energy to Gestamp in South Africa. The modules will be delivered in the third quarter of this year. The new deal will help Trina Solar in expanding beyond Europe.
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Standard Pacific Corp. (NYSE: SPF) shows bullish trend as the stock made up movement in its latest trading session. It opened the session at $8.33 and remained in $8.27 and $8.45 price range during the session. The stock is 0.85 percent higher at $8.36. Standard Pacific’s first support level is at $8.28. Upon breaching this level, the stock may go as low as $8.05. On the upside, its first resistance level is at $8.42.
Standard Pacific is a diversified builder and it is based out of California. The company is operational in Texas, Arizona and Colorado.
Find out more on SPF here: http://www.monstertradingalerts.com/market-scan/?symbol=SPF
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View this press release online at: http://rwire.com/201210