KlejdiCuni

$ZKIN:What To Expect This Week? PLUS 49.55% Profits Already🔥

Long
NASDAQ:ZKIN   ZK INTERNATIONAL GROUP CO LTD
($ZKIN) ZK International Group Co. on 10 December 20, signed a letter of intent with Tuopeng Industrial. Together they will form a joint venture that would bid on the construction of a navigation and hydropower project with a total estimated cost of approximately USD 0.7 Billion according to Nasdaq news.

During the previous 4 weeks, $ZKIN was moving inside a very wide consolidation zone. I am analyzing it on a weekly chart as it gives a more clear view of the opportunities for this week.
In the first 3 weeks, the price moved in a defined zone between 1.88 and 2.57. This was a zone where we made two wonderful trades with a total of 49.55% of profits. The previous week from 14 to 19 of December the price made a higher high increasing in this way the possibilities for a higher move again. Anyway, as long as the price is inside this box we need to secure our profits and take them partially in the safe zones.
Targets to consider:

TP 1 @ $ 2.54 or 19.87% This target is reached twice
TP 2 @ $ 2.76 or 31.53%

TP 3 @ $ 2.99 or 43.70%
TP 4 @ $ 3. 40 or 61.58%
TP 5 @ $ 4.05or 92.92%

PS: The first two targets have a very high probability

For a deeper analysis of what is really happening with this stock, please read the related ideas.

Please don't forget to FOLLOW, LIKE, and COMMENT ...
If you like my analysis:)

Thank you and Good Luck!

First Analysis:

Second Analysis:

Third Analysis:
Trade closed: target reached: 3 targets reached :)
+19.87%
+31.53%
+43.70%
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Comments

thanks for sharing
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Great technical setup, well done! 🦐🌈
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A lot of upside for this one
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KlejdiCuni Fisher_Fx
@Fisher_Fx, Yes, it is making very nice movements. Thanks
Reply
im very appreciate. thank you very much
Reply
KlejdiCuni piyopiyoman
@piyopiyoman, You're welcome!
Reply
nailed it. excellent overview and write-up. thank you for the updates today.
Reply
KlejdiCuni ProjectSyndicate
@ProjectSyndicate, Thank you buddy:)
Reply
thank you for sharing!
Reply
KlejdiCuni TheSignalyst
@TheSignalyst, You're welcome! Thanks
Reply
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