05Jun10:30 amEST

Going for the Best Alternative Look

Within the solar space there are plenty of damaged goods, namely the like of YGE trading down to penny stock levels of late. However, many solars are bouncing hard this morning, led by the JASO move.

While FSLR still may be a short setup after its big gap-fill below and subsequent potential bear flag consolidation, JKS looks to be as attractive as any chart in the space as a long setup.

On the daily chart for Jinko, below, now the ascending triangle pattern. A move over $30 would pique my interest as an actionable long idea. 

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