JINKOSOLAR HOLDING CO LTD SPON ADS EACH REPR 4 ORD SHS NYSE:​JKS

Awaiting Confirm!

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Could 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.

Jinko 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,...

Having 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...

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!

Going down!

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Buy JKS for a cheeky 20-30% return NYSE:JKS

JKS will move inside the rising channel or breaks down

The buyers were formed. Trying to enter from the specified area. Learn to determine the trend without indicators and trend lines

dust off the plan, battle stations again

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.com

Looks like a Gartley here as well (see TSL)

Looks like a BAT