|Day Low/High||18.36 / 18.80|
|52 Wk Low/High||16.06 / 30.50|
In recent trading, shares of JinkoSolar Holding Co., Ltd. have crossed above the average analyst 12-month target price of $18.33, changing hands for $18.81/share.
U.S. stock futures point to extended gains for Wall Street; DowDuPont's executive chairman, Andrew Liveris, reportedly to step down; Intel downplays a report it's considering a bid for Broadcom.
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum on a scale of zero to 100.
On its face, the 30% solar panel import tariff imposed by the Trump administration is a safeguard aimed at protecting the solar industry from what the U.S. views as unfair trade practices, but trade experts, solar industry analysts and solar project finance advisers interviewed by TheStreet worry the tariff could have the opposite effect.
Solar installers saw shares soar Tuesday following an announced 30% duty on solar imports, but a tariff on imports is good for no one in the industry, analysts asserted, including U.S. solar panel manufacturers and solar panel installers.
First Solar soars in premarket trading on Tuesday.
The dollar also rose against the euro, pound and yen.
The U.S. consumer steps into the spotlight in the coming week with retail sales and Walmart earnings on deck.
Investors in JinkoSolar Holding Co., Ltd. saw new options become available this week, for the November 17th expiration.
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