P_S_trade

ZKIN 1D Soon a new movement up (part 7)

NASDAQ:ZKIN   ZK International Group Co., Ltd
We continue the series of Zkin stock ideas as the inverted H&S global figure is very attractive and in action now.

Since the publication of the previous idea, the Zkin price has moved up by 50-60% to $12, after that the fall began, which we warned about.
Yes, in the last few days, fluctuations and fall were observed on many stocks traded on Nasdaq, but the Zkin showed -66% - it makes us think. However, this fall did not go beyond the white parabolic growth.

This fall filled the gap that we mentioned in the previous idea.
Now the price may rise again, the levels that should be guided by growth are $8.50-$9.25-$10.

Then another fall is possible in the zone of $6, where the price will decide: move the white route to the zone of $15-16 or the red route to $2.20.

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