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. Longby PF_AnalysisPublished 3
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!Longby RolixcUpdated 662
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 2010 (!) Almost always proftable! Return on Equity and ROIC always positive! Worldmarket Leader Solar WITH 16B sales Several Factories around the world, also in US (in case of more Import taxes in US). Solar will boom extremly in coming years as there is no cheaper Source of energy now! With Solar and Wind you need NO Fuels(!) All other source of energy will need something like Gas, Uran, Oil, Coal etc. PERMANENTLY and Solar Panels last min 25 years with almost NO maintenance costs! All drivers of EV dream of having own Solar on Roof to drive free without paying for Gas! And EV will be the major share vehicles on the streets in comming Years WHICH WILL BOOST SOLAR IN TANDEM! Negative: Not much loved Chinese Stock Closely held by management is only 0.48% Net Dept 3.75B FCF negativ past years (!) Very competitive Solar Rooftop Market with maybe toooo many suppliersLongby RolixcUpdated 113
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 JinkoSolar showcased the first mass-produced NeoGreen modules, distinguished by their minimal environmental impact. These modules are produced using 100% renewable electricity, with additional environmental protection measures such as water purification used in manufacturing. Furthermore, JinkoSolar has plans to reduce plastic usage in packaging and transition to more eco-friendly transport options, like electric cargo transport and liquefied natural gas ships, representing a significant competitive edge in sustainable production. Exploring potential trading opportunities, let's analyse the technical aspects of JinkoSolar Holding Co., Ltd. (NYSE: JKS): In the Daily (D1) timeframe, a support level has been established at 21.05 USD, with resistance at 25.60 USD. The stock is currently experiencing a downtrend, albeit with signs of slowing. A break above the downtrend's resistance line could further confirm a positive shift. If the stock breaches the support level, a decline to 18.60 USD might be expected. Breaking the resistance at 25.60 USD offers traders a viable buying opportunity, with a short-term target of 30.10 USD. For a medium-term strategy, maintaining a long position with a target of up to 38.30 USD could be considerable. — Ideas and other content presented on this page should not be considered as guidance for trading or an investment advice. RoboMarkets bears no responsibility for trading results based on trading opinions described in these analytical reviews. The material presented and the information contained herein is for information purposes only and in no way should be considered as the provision of investment advice for the purposes of Investment Firms Law L. 87(I)/2017 of the Republic of Cyprus or any other form of personal advice or recommendation, which relates to certain types of transactions with certain types of financial instruments. Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69.88% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.by RoboMarketsPublished 110
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 big proponent of daily bullish divergence on the RSI to find the bottom. I’m not sure if I’m right but here’s my best conjecture, that we are currently in wave 5 downward, you can see we hit 1.618 on wave 3 and then did the exact 0.382 bounce typical of a wave 4, if we hit my box I’m hoping for a good place of entry.by tealeafbudUpdated 0
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 reversal. This name moves fast and I won't be surprised if positive china news push it to the top of the range around 45. Disclosure: No position yet.Longby CheelooTraderPublished 0
Bullish on $JKS! Bullish on $JKS! based on analysis indicates massive potential for this stock, with a possible surge to the $50 mark in the near future. Currently priced around $40, upcoming days are crucial. by orkhanrustamovPublished 1
JKS: Buy TerritoryJinkoSolar has strong fundamentals and has been filling out a massive bullish pennant. It is currently at the lower bound of this range after just reporting positive earnings, putting it in a low risk, high reward zone. Happy Trading.Longby The_Bitcoin_BoyUpdated 332
JKS - It's a challenging uphill battle!Breaking the recent downward trend will be a challenging task, despite our strong support. Currently, we are below both the 200-day moving average (turquoise line) and the 50-day moving average (gray line), and we also need to surpass the RSI 50 level to initiate a strengthening. If the upward movement begins, we will face resistance at the 50-day moving average around 47, the upper Bollinger Band at 48.5, and the 200-day moving average and RSI 70 level at 50.50 (three red circle). Since the $50 price level is also a psychological barrier, I don't believe we can rise above it without a strong catalyst. Despite robust revenue growth, any potential issues with US authorities could force the stock to trade sideways within the range of 42-50.by BostonTrendLabUpdated 1
Jinkosolar ($JKS) ShortWithout shorting the underlying, if you are patient enough, you can consider the JKS 9/15 30P for 1.25 with a $22 price target... The puts captures two earnings report and if the stock breaks its $40 major support, we can expect an avalanche of selling down to $30. The mkt is saying there is a less then 10% chance it goes below $30, but I think it's more like 20% if you look at technicals.... you can use 14 - 85 fib levels. Shortby airborne99Published 2
Possible Bull Flag Possible bull flag on JKS. The break out target is into the lower 70's. My buy in target is $55.50 with a SL @ 53. History shows there is a lot of supply around the 64/65 dollar area and that is where I will take profit if it plays out. The MACD is curling ever so slightly to the downside, the 200 DMA is acting as support now. I like this set up, but I have my reservations. Not financial advise. by ThnacksUpdated 1
JKS - Flag Breakout JKS has formed a nice triangle / flag structure and is in the process of breaking out of the 2.618 Fibonacci circle from a downtrend line Bullish on this Weekly timeframe by BixleyPublished 110
JKS: Potential catch-up in Solar and a play on ChinaRecently China's been catching a bid and Solar's been one of the leading industries in the market. One thing I don't like is JKS has been one of the weakest players in solar. I always want to be focused on the strongest name in any sector. In the medium to long term that trend is likely to stay in place. But short term we might see some catch up in JKS vs other solar names. I also like the recent bid in China names which might help boost this thesis. Some comparison against ENPH and FSLR: JKS vs ENPH JKS vs FSLR As long as price can get and stay above 64.70 on a weekly closing basis, I'd want to be long JKS. If long ENPH or FSLR, I wouldn't replace those, but would view this position as an added layer of solar upside + China exposure. Longby LanmarPublished 114
JKS weak sellEntry: 56.2 TP1: 52.7 +6.6% TP2: 50.5 +11.3% SL: 60.8 -7.5% Period length: 24 daysShortby BostonTrendLabUpdated 1
$JKS Low CheatVery early low cheat on this solar name. Its trying to move out today. Longby TaPlotPublished 2211
Bias more on upside. 6th Aug 2022 May wait for pullback to long and ride with the uptrend. Trade safe.Longby probabilitytaPublished 1
Pullback buy on JKSTook a long position on JKS based on following basis: strong close (top of the range) on Friday bounce from 50SMA 50 i 200SMAs show uptrend. The entry was after the break of Friday's high. We will see how it holds. I will not have a problem to sell is it turns around on me. I am still not sure of this market.Longby MojePieniadzePublished 1
JKS - Renewable Energy. Ascending triangle setupSigns of accumulation on the right side of this ascending triangle formation JKS holding up nicely since March 2022 while the general market is going down Outperforming the SPY, Sector and Industry You don't need to know what's going to happen next to make money ~Mark Douglas Anything can happen ~Mark Douglas Longby pangx623Published 1
Jinko Solar.....New ATH! But Jinko ins`t done.....Hello Traders, as I wrote at my latter analysis:“Overall to speak, the gap-up creates a „Morning-star“ pattern; a bullish reversal pattern. If so, it is just a question of day's when Jinko will make new high's. „ That is what exactly happened yesterday and on June 28. The level to top is now at 69.69 USD (intraday peak) or on a closing basis @ 76.53USD! And this is one of my targets for the coming days ahead! Overall to speak. The moves at Jinko stock is sideways, since the enormous run to 90.20 USD in 2020. This is the reaction to the rise, and it is trend confirming! A break of the 69.69 USD and so of the black trend line, will open the door to 74.87 USD and above to 76.53 USD! More bullish potential exist. Confirming this move, if so to come, will be a strong volume in direction of the move, i.e. Up! On the other hand! If this level was just a wave „b“, as per my alternate count, the next move should be down, and morph into a 1-2-3-4-5 of c to finish this corrective pattern. As always. Market will give the answer. Have a great Friday..... Ruebennase Feel free to ask or comment! Trading this analysis is at your own risk!by ruebennasePublished 4
jksJKS looking decent if market gets better and breakouts start working again.. Longby cdarbonne3344Published 0
Jinko Solar.....Are you ready to rumble?Hello Traders, Jinko Solar has made a low @ USD 52.48 on June 16. After price have been pushed with a gap-up to USD 63.13 (June 21). Yesterday's trading session was an „inside-day“. Overall to speak, the gap-up creates a „Morning-star“ pattern; a bullish reversal pattern. If so, it is just a question of day's when Jinko will make new high's. The alternate view suggests a wave „a“ to 52.48 and the advance since is all or part of wave „b“. So the next move should be to the downside, finishing a wave „c" to complete the flat structure! A close of the open gap could be a first sign for this idea. Update is coming within the next day's. Have a great day..... Ruebennase Feel free to ask or comment! Trading this analysis is at your own risk!by ruebennasePublished 2
Jinko Solar.....Tanking fuel?Hello Traders, Jinko Solar (Ticker: JKS), a company producing Solar panels and more for the Solar industry, is moving sideways since it's high @ USD 90.20 in October 2020! I have labeled this high as waves (A) of Intermediate degree, what stays in contrast to the labels before, which are impulsive. Please take an eye to the corrective labels since waves (A) high at the chart, `cause I am not sure to label impulsive versus corrective. I just want to show you the opportunities! So, back to the wave (A). If this was a fact (you always can count a wave a as a wave 1 when it moved in 5 waves), the sideways action since is just the consequence of the steep rise from 11.32 and this behavior is confirming trend. So, overall to speak. Price have nearly met the upper trend line this week and is in a „pullback“ since. A break of this line and the level of USD 70.37 would create a new buy-trigger and open the door to 76.30-76.46 and above to the ATH @ 90.20 USD! On the other hand! A „failed“ break of the upper line can open the door to a correction down to the lower line @ USD 35,xx range and create a triangle, with waves (e) to follow! This week's high @ USD68.85 was a waves (d). While Jinko Solar is a Chinese stock, the impact of a political discussion could have an enormous outcome, but with US President Biden to have spoken this week, it can give some „fuel“ to the stock price and development in the coming weeks. So, always act with patient in this kind of stocks! Have a great weekend..... Ruebennase Feel free to ask or comment! Trading this analysis is at your own risk! The editor is invested in this stock! by ruebennasePublished 3
JinkoSolar May Be Attempting a BreakoutJinkoSolar has shuffled in a range for more than a year, but now the Chinese PV stock may be attempting a breakout. Notice how JKS closed above its November high on Monday and Tuesday. The result? A new 52-week high at a time when the S&P 500 is still 14 percent below its high. Second, the 50-day simple moving average (SMA) recently rose above the 200-day SMA. Such a “golden cross” can potentially signify the longer-term trend is turning bullish. Third, MACD has been steadily rising for the last three weeks. Finally, the weekly chart above shows the big surge in September 2020 after management boosted manufacturing capacity. The stock retraced almost all the move to retest and hold its pre-pandemic high. It then proceeded to make an incrementally higher low in February and has been climbing since. Bollinger Band Width also narrowed. This is important because dramatic moves like late 2020 often need to be digested. The tighter bands may suggest this has happened. Traders waiting for the stock to move again could start to get active. TradeStation has, for decades, advanced the trading industry, providing access to stocks, options, futures and cryptocurrencies. See our Overview for more. Important Information TradeStation Securities, Inc., TradeStation Crypto, Inc., and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., all operating, and providing products and services, under the TradeStation brand and trademark. You Can Trade, Inc. is also a wholly owned subsidiary of TradeStation Group, Inc., operating under its own brand and trademarks. TradeStation Crypto, Inc. offers to self-directed investors and traders cryptocurrency brokerage services. It is neither licensed with the SEC or the CFTC nor is it a Member of NFA. When applying for, or purchasing, accounts, subscriptions, products, and services, it is important that you know which company you will be dealing with. Please click here for further important information explaining what this means. This content is for informational and educational purposes only. This is not a recommendation regarding any investment or investment strategy. Any opinions expressed herein are those of the author and do not represent the views or opinions of TradeStation or any of its affiliates. Investing involves risks. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options, futures, or digital assets); therefore, you should not invest or risk money that you cannot afford to lose. Before trading any asset class, first read the relevant risk disclosure statements on the Important Documents page, found here: www.tradestation.com .by TradeStationPublished 5