JKS: Clearly in a downtrend with a wave 2 ABC correction thatCould easily morph into an impulse. The ABC along has some huge upside. The wave B is a diagonal which typically can retrace most of it.Longby Will_WongPublished 2
Positive divergence of possibly the best kindJinko Solar made a fresh low (by a hair) recently, practically double bottoming. Meanwhile the RSI is substantially higher relative to the first low. Important notion is that the RSI failed to press below 38.2, the inverse of the 61.8 (golden ratio). The divergence is therefore very strong. I am treating this as an indication the low might very well be in. If not, there should be strong support at around $9.70. So much negative expectation around this it's easy to see huge positive catalysts, starting from China trade deal to favourable WTO rulings to Chinese incentives for solar installation.Longby obiensUpdated 2
JKS: a relative calm before a stormHaving followed this stock for years, it's been characterized by a high beta, sharp uptrends and slow bleeds to reverse those. Now it needs to decide whether to start a leg up or continue down. I have labeled a bullish and a bearish Elliott count in the chart. RSI seems very constructive to me. Keep in mind this has grown to be the largest photovoltaic solar panel manufacturer - an industry that is in a mega uptrend in terms of adoption - and this is trading below book value.Longby obiensPublished 0
JINKOSOLAR - 300% PROFIT POTENTIAL!www.tradingview.com Invalid if sloped support is broken with conviction and followed by rejection to the upside! If it only pierces the line and comes right back in we assume bullishness. I hope this was helpful to you! Follow for future TA and like if you want to! Take care! Longby moneyrulesPublished 111
JKS - move inside the rising channelJKS will move inside the rising channel or breaks downLongby Marcus_PPublished 4
JKS only longThe buyers were formed. Trying to enter from the specified area. Learn to determine the trend without indicators and trend linesLongby ForextruePublished 9
JKS Day Trade Retest Gap (Brad Reed Mar2,2015)JKS expected to open at 20.45 for a Retest Gap. Watch out for nearby pivot point. To learn to trade this strategy for free go to www.RealLifeTrading.comShortby ReallifetradingPublished 0