JinkoSolar: Defying Downgrade,Aiming for Bullish MomentumJinkoSolar Holding Co., Ltd. ( NYSE:JKS ) has recently been downgraded by Daiwa Securities from " Underperform " to " Sell ," with a revised price target of $20 .
Despite this downgrade, the stock has demonstrated bullish momentum, with a mid-term target of $33.42.
Notably, JinkoSolar's Relative
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0.074 CHF
7.26 M CHF
11.64 B CHF
51.33 M
About JinkoSolar Holding Company Limited
Sector
Industry
CEO
Xian De Li
Website
Headquarters
Shangrao
Founded
2007
FIGI
BBG007FJM172
JinkoSolar Holding Co., Ltd. engages in the manufacture of solar modules. It distributes solar products and sells its solutions and services to a diversified international utility, commercial and residential customers. The company was founded by Xian De Li, Kang Ping Chen, and Xian Hua Li on August 3, 2007 and is headquartered in Shangrao, China.
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Chasing the Sun! JinkoSolar Shines Toward $38.39 with Big UpsideJinkoSolar is displaying strong bullish momentum, with a gap forming around the $22 level. A breakout above the $30.77 resistance would confirm further upward movement, positioning the stock to reach the $38.39 weekly resistance. With a favorable 3.16 risk-to-reward ratio, this trade offers a solid
NLong

JKS Elliott-Wave analysisJinko Solar short-midterm bearish.
JKS didn´t break out of the bear-trend as clearly as other chinese stocks.
1. Expecting some recovery
2. followed by stronger downside potential
Alternatively the bottom could already be in.
NLong

Jinko Solar very bullish Set now ........NYSE:JKS
Think the low is in and Jinko could become soon a 10 Bagger as it is very cheap in every measure ...... Last week we had a weekly Bullish Engulfing, which is one of the best reversal candles available!
NLong

Jinko Solar .... a 10-Bagger in Front?NYSE:JKS
In my Eyes Jinko Solar could be one of the next 10-Baggers (not an investment advice):
Positive:
Sales up 420% in 6 years, but stock ist down 81% (!)
Profit pretax 2023 was higher than Market Cap now (!...!)
Dividend 2023 was 4%
Price to sales only 0.06 ..... (!)
Price near IPO of
NLong

JinkoSolar secures contract and launches NeoGreen solar modulesJinkoSolar Holding Co., Ltd. has recently announced the launch of its NeoGreen solar modules, coupled with a significant contract for its Tiger Neo modules, bolstering its position as a leader in the solar panel technology market. The unveiling occurred at the KEY Exhibition 2024 in Italy, where J
Searching for the BottomI have owned NYSE:JKS in the past and I’m looking for the best entry I can, I think solar is resuming its downtrend and I’m actually short on NASDAQ:ENPH , but my point here is I’m wondering if we have a 12345 wave here ending in daily bullish RSI divergence. If you’ve read my other posts I’m a
JKS -Failed breakdown pattern emerging. 12/22 Close below 33 which is the neckline of I H&S pattern, could have triggered short, but the gap up above along with the accumulation volume suggests strength at this level. Next up test of 200EMA. Gap up and back test is one way to confirm it or open at 37/38 should further confirm the reversa
NLong

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