Q2 Earnings Trough Sets Jinko Solar Up For Extended Rally

(Daily chart for JKS with 50- and 200-day moving averages shown in green and red, respectively. Chart source: Yahoo Finance)
For most of the past two years, Jinko Solar (JKS) shares have traded around $20 with occasional spikes and dips in both directions. The same could be said for the past five years such that extreme moves above and below $20 have been selling and buying opportunities, respectively. With Jinko Solar’s stock currently near $20, fundamentals become even more important in makin…

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