ZJS1 trade ideas
Long position on the support take the long position now for reach the previous resitance (horizontal line)
Jinko ascending triangle heading into earningsWill buy on upward breakout with target of $96.00 and stop at $57.10.
I am a beginner and would appreciate any feedback.
Actualizando JKSAun sigo aprendiendo este interesante mundo del Trading, aqui dejo una posible entrada.
JKS.NYS_LongENTRY: 71
TP: 85.7
SL: 62
- ADX>25
- RSI>60
- MAs are aligned
- Break-up on down trendline
JinkoSolar (NYSE:JKS) Bull Case ScenarioJinkoSolar (NYSE:JKS) Bull Case Scenario.
Your comments are welcome.
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Legal disclaimer: I am not a financial advisor. The advice here given is not a financial advice even though my excitement might make it look like such. This account shouldn't be followed by anyone expecting something from me. You trade at your own risk and nobody can guarantee you results. Even if someone could, I don't.
im long! get in while you canJKS great chart here i think we could test 77 on a breaks of 70. and 88 on a break of 77. use a tight stop. contracts are up from entry nothing wrong with taking a little profit! i have a good feeling about this one :)
JKS FORMING SECOND LEG OF DOUBLE BOTTOMNYSE:JKS
JKS is forming second leg of double bottom pattern. This could play out in the coming weeks. Analysts expect price to come down to between 41 and 55. While this may be overexaggerated. Agree with estimates JKS needs some room to consolidate but still could turn out to be lucrative with the new administration that could bolster the alternative energies space.
Too much too Fast?Possibly Parabolic..I do not like using that term
If it is, then most arc patterns fall 50 to 62% in correction mode
It is past the 62% fall so next would be 50% but could recover anytime. Just the norm is all
NKLA fell close to 100%
89% fall would be 27.06 and 100% fall would be the bottom which is 18.94
Just an observation
bullish ifonly if it can reclaim the trendline and cross 75, until then id be looking for a lot of downside/a nice discount buy in the future! gl <3
JKS 25-30% potential (short)Wait for the pullback to reach the buy zone to enter
Exit as shown
Potential 25-30%
Thanks for the likes
I'm Still ShortGood Afternoon,
This is just an update on the JKS situation. I shorted some more this morning, bringing my average price up a LOT. I think a more 'correct' short opportunity will come once this trendline breaks, but generally I'm still bearish and might add more short in the event of a waterfall. This company simply isn't worth it's current price.
