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KlejdiCuni
Mar 31, 2021 5:18 PM

ZKIN: Possible Reversal In The Support Area Long

ZK International Group Co., LtdNASDAQ

Description

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%
Comments
look_ambriss
Nice! great chart and analysis!
KlejdiCuni
@look_ambriss, I appreciate it. thanks
John-poran
Looks very good. Thanks for the heads-up.
KlejdiCuni
@John-poran, Thanks
Stephenanderson
Nice work
KlejdiCuni
@Stephenanderson, Thank you.
UnknownUnicorn7096092
good analysis
KlejdiCuni
@nusratjahan, I appreciate it.
Mahtab_Tradia
Interesting view!
TheSignalyst
well done dear Klejdi ;)
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