Solarfun Power (SOLF: sentiment, chart, options) is extending its post-earnings sell-off today, with the shares down more than 2% at last check. Yesterday, the equity plunged nearly 14% after the company reported solid second-quarter earnings. Today, SOLF saw its price target at Jefferies lifted to $22 per share from $18 per share. The company also kept its "buy" rating on the stock.

Short-term support has lifted the shares from their lows of the session, as SOLF bounced from the 15.50 level. The equity's rising 20-day moving average is also in the area, and could help stall SOLF's decline. However, as I mentioned in yesterday's blog entry, another 14% decline to the 14 area could be in the cards for the shares, as extreme optimistic sentiment begins to unwind against the stock.