SolarCity Corp SCTY shares are trading higher by $3.41 (19 percent) at $21.78 in Wednesday's session. The issue is trading higher for the third day in a row after making an intra-day low ($16.31) and close ($16.57) two days following its Q4 report .
Since reaching that depressed level, it has gained 32 percent at the price of $22 over the last three sessions.
After a higher open, it retreated only $0.24 to $18.75 before resuming its move higher. The ensuing rally has found intra-day resistance at $22.75 and subsequently has fallen back to the $22 area.
That marks the highest level for the issue since it peaked at $28.22 on the last trading day before its Q4 report.
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