Silvestrov

JKS - too good to be true

NYSE:JKS   JINKOSOLAR HOLDING CO LTD
After recommending NYSE:JKS for long term purchase last November, idea went trully ballistic in recent months making around +500% since the time of recommendation.

Despite such price increase, company still does not seem particularly expensive (it was a bargain in low teens) and high purchasing volume also hints that trend higher may continue for years to come.

However, short term wise, JKS is clearly very overbought, and decent correction may ensue shortly. looking for spots to take some profits off the table should be priority strategy in the upcoming weeks.

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out