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Monday, February 14, 2011

Solar Stock On The Move - JinkoSolar Holding

Shares of Chinese solar product manufacturer JinkoSolar Holding(JKS) surged 5.81% to $30.24 per share. The stock currently has a 8.2% short interest which could move the stock up more rapidly as the shorts are trying to cover amid the rising momentum. Technical chart shows very bullish signal as the KD is about to move up.  The stock is also trading along 20 day moving average showing near term rising trend.

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