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Longidea

JKS - bright future for solar ahead?With ongoing worldwide trends towards clean energy, there is good potential for solar sector to shine in the years ahead. After rather significant selloff recently some ideas are trying to put a bottom finally, and NYSE:JKS is one of them. Good earnings released today and breakout through neckline of inverse H&S provide initial signs of reversal. I entered position on breakout today, and plan to hold as one of core holdings for next year, with some short-term trading in and out.
NYSE:JKSLong
by Silvestrov
GBPCAD LONG IDEA-The 1W chart shows a re-test of the support TL on this triangle pattern. This shows that there is a lot of selling pressure and bears are in control. If you look at price in the circled area, you can see that as price increases, the retracements are strong/deep; showing that if price were to continue higher, the bears will come back and drive price back down again: -The 1D chart is what you're seeing right now. The exchange rate continues to close above the 61.8% zone on the Fibonacci, which would form the assumption that price is likely to rise to around 1.66920 on the C-D wave of the Harmonic pattern before turning to go south. Numerous tests of the support TL further support an increase in GBPCAD. Now as, this is a bearish harmonic pattern we would be looking to short as we reach that 1.66920 area. This is inline with my thoughts on the weekly timeframe, (retracements are deep and therefore bulls will be stopped as we find resistance). Please feel free to comment, tell me your thoughts and what you think!
Long
by UnknownUnicorn2215917
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