3 month consolidate to long
With the hype on Solar industry, we shall see JKS start to be bullish after 3 month consolidation and bounce from 100D MA.
JKS
Ichimoku entry JKSgot a cloud twist, price cloud break, and technically a lagging span cloud break all on the same day. A multiplicity of factors might indicate stronger momentum than usual, let's see how it goes
$JKS ending correction wave JinkoSolar (JKS) correction in the 0.618 retracement. Blue wave pushing clean energy.
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.
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
JKS - too good to be trueAfter recommending NYSE:JKS for long term purchase last November, idea went trully ballistic in recent months making around +500% since the time of recommendation.
Despite such price increase, company still does not seem particularly expensive (it was a bargain in low teens) and high purchasing volume also hints that trend higher may continue for years to come.
However, short term wise, JKS is clearly very overbought, and decent correction may ensue shortly. looking for spots to take some profits off the table should be priority strategy in the upcoming weeks.
JKS - HH and working on the HLwith broader market consolidation, JKS is reacting the Diamond performance levels and provides reasonable options spreads.
$JKS JinkoSolar Overextended - Bearish Options Activity$JKS JinkoSolar Holding Co. - RSI and volume trending down after a huge parabolic runup recently. Expecting a near term retrace sub-$50.
Keep a close eye on the 20d ema line on the hourly chart. This has held up as support this entire run. A break below this line will confirm the downward move is underway.
Recent Bearish Options Activity:
15k $55.00 strike (OTM) 10/16 puts traded last Friday (7x OI) for $2.4M in premium.
Near term target: $44-$48 range
JKS - Diamond Performance Channel Solar was the best performing sector of the previous week - scouting consolation on tariff news. being careful not to be too early with potential puts.
JKS Elliott Wave UptrendMy Elliott Wave for JKS. thinking we see Wave 3 next week which will be larger than this last run up.
JINKOSOLAR JKS 50$ before end of octoberJINKOSOLAR 50$ before end of october. It's going to 50$ in 7 days , they are selling massively in Europe due to new green policies and anti covid recovery policies.
Any market crash, could make it retrace a bit, but overall 50$ is ensured soon or later.
