Jinko has finally broken out on the chart, as you can see. I think this is a great solar/green energy stock pick. I expect the whole solar energy market to do really well in the coming months, with rising general electricity costs
$JKS holding short term trend line up , getting tight in the triangle. Expecting a move higher but needs to clear $48.5 in the near term.
Break below trend line invalidates trade.
Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next days/weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I would also appreciate, if you would smash that like...
JKS is really looking good technically. Stock recently filled the power earning gap with nice volume. Trading above 50 EMA. Chart shows cup and handle pattern breakout which is considered to be very bullish. Support at $47, Target $61.
Hello Traders, here is a full analysis for this asset. The entry will be taken only, if all rules of your trading plan are satisfied.
Therefore I suggest you keep this pair on your watchlist and see if all of your rules are satisfied.
Leave your thoughts in the comment section, I will reply to every single one of...
JKS reported a staggering 780%+ earnings per share. We can potentially use this ER as a catalyst to take it to the daily 200MA and beyond. Solar is bullish thanks to President Biden. Go get it! Try to get it on the dip and close to the daily 20ma for a good risk reward. Good luck!
Current price ~$43
Target ~$50+
Downtrend wedge near breakout
RSI Divergence
WR Crossed -80
Resistance/Support had been confirmed as support
Entry 31.8
Stop 26
Target 52
Risk management is much more important than a good entry point.
The max Risk of each plan should be less than 1% of an account.
I am not a PRO trader. I trade option to test my trading plan with small cost.
Jinko Solar was draw down the last month, so it may be a good entry price.
As leader in solar glass production, and green movement it will have a good potential for a rebounce up in the next months.
Hello Trader,
after H2- and solar-stocks busted in the last weeks,
Jinko-Solar found it's way back to a "normal" trendline.
Jinkosolar allready dropped 43% since the breakout of the diamondtop
and there is the possibility that the support at 28,68€ gets tested or broken,
I would wait wether this happens or not.
The FIbonacci-, trend- and supportline stopped the...
I have JinkoSolar on watch with a clear double bottom on all time frames, for an even cleaner view please refer to the weekly chart.
41 - 42$ range is proving strong support and I would like to see this hold over the next few days before jumping in. If broken, I see further downside to 30$.
Eventually even with a rally to the upside, We can expect lots of...
![JKS: JINKOSOLAR ENTRY [ELLIOT-WAVE-FORECAST]](https://s3.tradingview.com/r/rVT4jFzU_mid.png "JINKOSOLAR ENTRY [ELLIOT-WAVE-FORECAST]")
