A-Power Energy Generation Systems (APWR) Breaks Above 6.33 Resistance
Posted: Tuesday, September 07, 2010 2:28 PM EDT
By: Market Intelligence Center Staff
A-Power Energy Generation Systems (APWR) leads the list of top gainers so far today and is now at $6.44, up $0.43 (7.15%) on volume of 1,129,503 shares traded. Over the last 52 weeks the stock has ranged from a low of $5.72 to a high of $21.04. A-Power Energy Generation Systems has been showing support around $5.73 and resistance in the $6.33 range. Technical indicators for the stock are bearish and S&P does not currently have a STARS rating for APWR. If you are looking for a hedged play on APWR the stock seems like it could be a candidate for a December out-of-the-money bull-put credit spread below the 5 range. [ABR-Seven Summits Strategic Investments NewsBite]
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