New York, NY -- (ReleaseWire) -- 01/02/2013 --Walter Energy Inc. (NYSE: WLT), a producer and exporter of metallurgical coal for the steel industry mainly in the U.S., is extending its gains from Monday in mid-day trading today. WLT had finished more than 6% higher on Monday. The stock rallied on Monday, tracking gains in the broad market.
WLT is currently trading 1.14% higher at $36.29 on volume of 1.19 million, which is well below the daily average volume of 3.44 million. WLT had bounced back from $34 support level on Monday. The stock is now approaching $37 resistance level. If WLT breaks through this level then the next resistance level will be at $38.
Find out if WLT could pick up more steam in the upcoming trading sessions by getting the free full report here: http://www.monstertradingalerts.com/market-scan/?symbol=WLT
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 soaring in mid-day trading today, extending its gains from the previous trading sessions. STP is currently trading 4.64% higher at $1.60 on volume of 4.04 million, which is well above the daily average volume of 2.80 million.
STP has finished higher in each of the previous five trading sessions. The stock has been gaining momentum after the company last month announced that its modules passed in desert simulation test. Last month, STP also announced a 25MW sales agreement in Romania.
STP is currently trading at $1.60 resistance level. The upward trend will continue if the stock can break through this level.
Find out what traders need to do with STP by getting the free full report here: http://www.monstertradingalerts.com/market-scan/?symbol=STP
MonsterTradingAlerts.com issues momentum alerts on stocks that can provide gains to day traders. MonsterTradingAlerts.com provides members with timely information and exclusive alerts on cheap and under-valued stocks in the United States with the potential to deliver gains of 100% - 200% or more. MonsterTradingAlerts.com 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 MonsterTradingAlerts.com is often in the know of several large investor awareness campaigns being deployed.
Timing is everything when trading Penny Stocks. Gain an Edge by joining the MonsterTradingAlerts.com newsletter and receiving alerts from a Pro-Active team of researchers. Trading Alerts believes traders should have a chance at successfully trading penny stocks and invites traders and investors to be part of the Free VIP membership.
Simply sign up for free and start receiving exclusive alerts.
Subscribe Here: http://www.MonsterTradingAlerts.com
Disclosure: MonsterTradingAlerts.com 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 MonsterTradingAlerts.com website, for complete risks and disclosures.
Investor Alley, its employees, officers, directors, shareholders and affiliates, hold no positions in the above-mentioned stocks.
Alexander K. Neumann
Monster Trading Alerts