Peregrine Pharmaceuticals (NASDAQ: PPHM), a biopharmaceutical company engaged in the research and development of monoclonal antibodies for the treatment and diagnosis of cancer and viral infections, is down in trading today, following the huge rally in the previous trading session.
PPHM had gained more than 91% on Monday after the company provided an update on the internal review of its Phase II second-line non-small cell lung cancer trial.
PPHM is currently trading 2.05% lower at $2.38 on volume of 24.10 million, which is nearly four times the daily average volume of 6.58 million. The stock is seeing a pullback today on some profit booking. Technical indicators for PPHM are still giving bullish signals. The upward trend could continue if the stock breaks through $3 resistance level.
Find out if this is the right moment to invest in PPHM by getting the free full report here: http://www.monstertradingalerts.com/market-scan/?symbol=PPHM
Suntech Power Holdings Co. Ltd. (ADR) (NYSE: STP), a China-based solar energy company engaged in the design, development, manufacturing and marketing of photovoltaic (PV) products, is up sharply in mid-day trading today, reversing some of the losses from Monday.
STP fell more than 20% on Monday. The sell-off on Monday came after the stock saw a huge rally last week. STP and other solar stocks had surged last week after Warren Buffetts investment company acquired two solar projects from SunPower (NASDAQ: SPWR),
At last check, STP was trading 3.38% higher at $1.53 on volume of 4.37 million, which is well above the daily average volume of 3.87 million. Despite Mondays sell-off, STP is up more than 5%in the last five trading sessions, thanks mainly to the rally last week.
Find out more about STP by getting the free full report here: http://www.monstertradingalerts.com/market-scan/?symbol=STP
MonsterTradingAlerts.comissues momentum alerts on stocks that canprovide gains to day traders. MonsterTradingAlerts.comprovides 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.commonitors 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 professionalsMonsterTradingAlerts.comis 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 tradingpenny stocksand 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.comis 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.comwebsite, 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
SOURCE Investor Alley, Inc.