SunEdison Attempts To Clear Major Resistance

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SunEdison IncSUNE
shares are trading higher by $0.61 at $5 in Tuesday's session. After a flat open, it fell back and found support just under Monday's close ($4.39) at $4.36 and began to move higher. The ensuing rally took the issue into the $5 handle, but stalled ahead of the pair of highs at $5.17 from November 13 and 16 at $5.13. It should be noted the issue has already surpassed Monday's volume (34.6 million), as 49 million shares have changed hands with less than three hours remaining.
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