JinKosolar (JKS) Showing Bearish Technicals With Support At $15.71

Date:2011-09-01     Source:xuxinlile  Text Size:

JinKosolar  closed Tuesday's directionless trading session at $16.23. In the past year, the stock has hit a 52-week low of $13.50 and 52-week high of $41.75. JinKosolar  stock has been showing support around $15.71 and resistance in the $17.01 range. Technical indicators for the stock are Bearish. For a hedged play on JinKosolar , look at the Mar '12 $15.00 covered call for a net debit in the $13.38 area. That is also the break-even stock price for this trade. This covered call has a duration of 199 days, provides 17.56% downside protection and an assigned return rate of 12.11% for an annualized return rate of 22.21% (for comparison purposes only). JinKosolar  has a current trailing average dividend yield of 0%.  

2005-2011 www.researchinchina.com All Rights Reserved 京ICP备05069564号-1