KlejdiCuni

ZKIN:What To Expect After An Impulsive Move?

Long
NASDAQ:ZKIN   ZK INTERNATIONAL GROUP CO LTD
After each impulsive move during the upward movement, we can see that this stock spent some time in consolidation. What we can observe is that the price likes to create a "bullish triangle" or "descending flag" before the next impulsive movement. As you can see also on the chart the price reacts very well to the support zones. The first and strong support zone may be found near $3.50 - $3.73. This is the zone where I will pay close attention for going long again.

Entry zone: $3.50 - $3.73

Targets considerint $3.5 entry zone:
$4.69 or +33.90%
$5.30 or +51.43%
$6.78 or +93.71%

Thank you and Good Luck!

Warning!
This is my personal trade and not a trading signal


We are here now:

The previous analysis on the last flag was fire + 67%:

Base analysis:
Trade closed: target reached: Target reached
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Comments

Nice potential bullish pattern 🐻❄️🙏😊😃
Reply
Brilliant as always brother
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good catch on all these, thank you
Reply
yes mate, definitely more upside!
Reply
Amazing chart bro , thanks for sharing
Reply
I like your charts brother
Reply
KlejdiCuni TheSignalyst
@TheSignalyst, Thank you!
Reply
great job mate
Reply
KlejdiCuni Stargazer_fx
@Stargazer_fx, I appreciate it. Thanks
Reply
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