New York, NY -- (ReleaseWire) -- 01/04/2013 --Krispy Kreme Doughnuts (NYSE: KKD), a retailer and wholesaler of doughnuts, complementary beverages and treats, and packaged sweets, is up sharply in mid-day trading today, extending its gains for the week. At last check, KKD was trading 7.53% higher at $10.85 on volume of 1.50 million, which is above the daily average volume of 1.39 million.
KKD has gained more than 15% in the last three trading sessions. The stock has been rallying after breaking through $9.50 resistance level. KKD had been struggling to break through this level for over a month. Technical indicators for the stock suggest that the upward momentum will continue.
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Suntech Power Holdings Co. Ltd. (ADR) (NYSE: STP), a designer, developer, manufacturer and marketer of photovoltaic (PV) products, is continuing to rally in mid-day trading today. STP has had an excellent run over the past two weeks, finishing higher in each of the previous seven trading sessions.
STP has been gaining momentum amid some positive developments for the company. Last month, the company’s passed a desert simulation test. STP also announced a 25MW sales agreement in Romania last month. Also, the acquisition of two solar power plants by Warren Buffett’s company has sparked a rally in solar stocks.
STP is currently trading 6.59% higher at $1.94 on volume of 4.54 million, which is well above the daily average volume of 3.22 million. STP has gained more than 26% in the last three trading sessions.
Get everything traders and investors need on STP by getting the free full report here: http://www.wallstreetscoop.net/market-scan/?symbol=STP
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