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KlejdiCuni
May 19, 2021 9:01 AM

ZKIN: What's Next? Long

ZK International Group Co., LtdNASDAQ

Description

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On May 13, the price tested a strong support area near $ 4.20. After that, we can clearly see a very strong bullish reaction after the price broke out from the channel raising the price above by almost 20%.
So the $ 4.20 blue zone showed us that buyers were well-positioned there for a bullish move. The price may now move higher, but there is also the possibility of a retest of the support area again.

Targets:
$5.60
$6.30
$6.88

Trade carefully!

Thank you and Good Luck!

🛑Disclaimer🛑
The content of this analysis is subject to change at any time without notice. Trading leveraged products carry a high level of risk and may result in you losing substantially more than your initial investment. This is not financial advice.
Comments
FieryTrading
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Have a similar view on this, perfect!
KANS0510
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after may19.. this stock has gone contra to the call recommendation... stuck with this now for last 2 monhts+..can you help with an update on this zkin call recommendation.
Mahtab_Tradia
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Great job!
CobraVanguard
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Professional work, I really like it
Helical_Trades
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Great one mate
FOREXN1
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Top Analysis !
Serana2324
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Good idea
SignalProvider
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thanks for sharing
where is your target bro?
Stargazer_fx
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totally agree with the analysis
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