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Monday, November 1, 2010

JKS

JKS has been a fixture on the weekly IBD 100 post for weeks now, bith as gainer and decliner. It was getting petty good volume before, but today was off the charts. I mentioned on Saturday that this was building it's first base, and would probably bee in it for a few weeks, possibly even months. It broke out the next day. On the negative side it did form the dreaded black candle, which I really don't like on earnings breakouts, but it did stay above the breakout point, and price relative is very strong, so theose positives might outweigh the negative. Why this is so much stronger than the other solar stocks is beyond me.

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