JKS: a relative calm before a storm
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 manufacturer - an industry that is in a mega uptrend in terms of adoption - and this is trading below book value.
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