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Monday, January 10, 2011

LDK Solar Co., Ltd. (LDK) Stock Analysis 2011

By Tim -

The following is LDK Solar Co., Ltd. (LDK) stock technical analysis for January 10, 2011

LDK Solar Co., Ltd. (LDK) Support & Resistance Levels - 1/10/11

Resistance Levels: $11.58, $12

Support Levels: $10.30

LDK Solar Co., Ltd. (LDK) stock is up 12% today after the company cam out with a higher outlook. LDK Solar Co., Ltd. (LDK) will have resistance located at $11.58 as well as $12. If LDK Solar can close above $12 and oil can continue to rise, I think the stock can rally back to the $15 level. LDK Solar is a buy on pullbacks below $10.50.

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