This semiconductor stock is shooting up with a trend-following setup at a low price level.


1) Industry strengthened today as of ~9:40 AM EST.

2) The stock is up by more than 12% (it had earnings results in the morning).

3) Undervalued stock with (4) short squeeze potential and (5) quarterly earnings growth.

6) Weekly Backdrop is bullish, and (7) daily also turned cyan, giving a Go With Flow trend-following long setup. The signal is to be confirmed by the close today.

8) The bullish Headwind reversal signal again caught the very low of the stock.

jks 1 2019-11-19_9-51-25.jpg  jks 2 2019-11-19_9-50-35.jpg  jks 3 2019-11-19_9-48-20.jpg 
The $JKS long trade idea that I shared on 11th Nov has hit the profit target.

1) I had shared the $JKS buying idea on 11th Nov.

(2) At that time the price was at 16.74.

3) Stop for the long trade would be just below day's low (below the gap up candle's low).

4) Today on 29th Nov when the price reached a high point, it covered more than the risk distance. The initial profit target was hit and you would book profit; with pre-placed GTC order probably.

jks 1 2019-11-29_10-46-34.jpg 

Disclaimer: This site is for educational purposes only, explaining the use of CUE systems and techniques. It is not for trade advice. Trading involves risk. You and only you are solely responsible for the outcome of your trades.

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