JA Solar (JASO) Trades Higher with Increased Volatility; Nears 50-Day SMA

July 2, 2012 1:00 PM EDT Send to a Friend
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JA Solar Holdings (Nasdaq: JASO) volatility is elevated Monday as the stock approaches a key technical level.

Volatility is up about 20 percent from last Friday's close and at just 83 percent of its trailing annual daily average.

The stock is nearing its 50-day SMA, which is currently at $1.12. The 50-day has been a bit of a ceiling for the stock over the past several sessions.

Shares are up 5.8 percent on the session.


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