KlejdiCuni

ZKIN: Possible Reversal In The Support Area

Long
KlejdiCuni Updated   
NASDAQ:ZKIN   ZK International Group Co., Ltd
As we can see from the chart, the price is testing a strong support area for the third time. As long as the volume in this stock is still very high, it means that the support area can confirm this by moving the price higher. At first, I am focused on the first 3 targets as the percentage is not bad at all.
MACD signal lines are crossing again adding more value to our analysis.

Targets:
$10.68 or 17.90%
$11.60 or 28.70%
$12.77 or 42.60%

Extended Targets:
$14.91
$17.70

Thank you and Good Luck!
Trade closed: target reached:
TP1 reached +17.90%

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