$JKS JinkoSolar Holding Company Limited Stock Robo Analyst October 11 2020 #JKS

JinkoSolar Holding Company Limited (JKS) “On a long-term technical basis, the stock (JKS) is trading above its 200-day moving average which generally implies it is in a positive trend.

The stock has support at 43.48 and 37.36. If the stock breaks down through support at 43.48 then it will probably continue lower to 37.36. The stock will meet resistance at 63.31 and 73.97. If the stock breaks up through resistance at 63.31 then it will probably continue higher to 73.97. The 200-day moving average is at 21.13. This will also act as support. The stock is extremely overbought according to the Stochastic Indicator (95.88), and turning down, which suggests a pause or possible pullback, especially if near resistance. Confirm this with the Short-Term and Daily Outlook to keep from exiting prematurely.”