JKS/N trade ideas
JINKOSOLAR ENTRY [ELLIOT-WAVE-FORECAST]Entry is based on a flat correction which ends at 0.5 Fib-retracement at 46.34 USD.
EWO shows the performance nicely.
#nofinancialadvice
JKS ER catalyst to the daily 200MA+JKS reported a staggering 780%+ earnings per share. We can potentially use this ER as a catalyst to take it to the daily 200MA and beyond. Solar is bullish thanks to President Biden. Go get it! Try to get it on the dip and close to the daily 20ma for a good risk reward. Good luck!
Current price ~$43
Target ~$50+
$JKS Clean look, Like this one for swing Double pin bar at trigger, deep value here folks, weekly ib holds up even better, rockets are tp levels after tp1 our stop is even
JKS LongDowntrend wedge near breakout
RSI Divergence
WR Crossed -80
Resistance/Support had been confirmed as support
Entry 31.8
Stop 26
Target 52
Risk management is much more important than a good entry point.
The max Risk of each plan should be less than 1% of an account.
I am not a PRO trader. I trade option to test my trading plan with small cost.
Will jinko solar have a come backJinko Solar was draw down the last month, so it may be a good entry price.
As leader in solar glass production, and green movement it will have a good potential for a rebounce up in the next months.
Jinkosolar Swingtrade-Idea after Diamondtop throwbackHello Trader,
after H2- and solar-stocks busted in the last weeks,
Jinko-Solar found it's way back to a "normal" trendline.
Jinkosolar allready dropped 43% since the breakout of the diamondtop
and there is the possibility that the support at 28,68€ gets tested or broken,
I would wait wether this happens or not.
The FIbonacci-, trend- and supportline stopped the drop in day-chart until now.
If the supports keep on supporting I would like to buy at 28,68€, after the support
was tested in a positive way.
Stopp-loss: 22,70€
Slightly beneath the next support
Take-profit: 43,79€
Due to Bulkowskis rules, but with a 6% trailing-stopp after the price passes 31,00€.
This is only a idea not a tip/hint for you to trade on.
Did I read the chart right, talking about the diamondtop?
What do you think about my risk/profit ratio?
If you got the time please give me a feedback.
Have a good one and thanks for reading.
JKS | Watching 41$ very closelyI have JinkoSolar on watch with a clear double bottom on all time frames, for an even cleaner view please refer to the weekly chart.
41 - 42$ range is proving strong support and I would like to see this hold over the next few days before jumping in. If broken, I see further downside to 30$.
Eventually even with a rally to the upside, We can expect lots of resistance around 56$ due to all of the bag holders created in the recent run up.
Great name for swing trades, but also a good set up longer term.
Watch out for US-China tensions as well.
Any thoughts?
(*This is not financial advice, for sake of discussion and illustrative purposes only*)
JINKOSOLAR - nice double bottom and break through TRIANGLE!JKS did very well today. We broke the descending triangle and developed a W formation on our current support. Good possibility to go LONG!
JKS may still have some more downside before reversalJKS was in a decade long bullflag before breaking out of it. It may come down to do a backtest or reverse before that. Not financial advice. DYOR.
Jinkosolar very good position earnings comesjinksolar 52 week high 90 dollar. now is 42 dollar. im waiting the after report on friday 12th of march. :) peace
JKS - I was wrong earlier... Flag breakdown My bias got ahead my process. Clear bearish trend was emerging. Got stopped out.
Downtrend continuation likely to last
Break out ?Are we ready for a breakout , time will tell. either way we going to earning anticipation!
$JKS end of complex correction JKS is near the end of a complex WXY correction as price has found support at the 222 ema and the bottom of the parallel channel. Resistance levels: $65, $76.50
$JKS JinkoSolar - Play the Range$JKS JinkoSolar - Looking oversold at the bottom of the recent range, looking for a near term bounce to the $60-$65 range, possibly higher.
Note: Earnings approaching early March.
This is NOT investment advice.
