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As we have noticed before ZKIN has a very good performance. Its volatility as a stock makes it very profitable. In the current situation, we can notice a strong 4-day support area inside a descending channel . If the price will retest it again we can buy close to the price of $ 2.82 and we can take the profits according to the following targets.
Targets:
$3.16 or 12.32%
$3.83 or 36.21%
$4.69 or 67%
Previous analysis:
Bigger Picture:
Targets:
$3.16 or 12.32%
$3.83 or 36.21%
$4.69 or 67%
Previous analysis:
Bigger Picture:
Trade closed: target reached:
The price broke out from the "descending channel"
TP1 reached +12.32%
Actually, the price moved +18%
TP1 reached +12.32%
Actually, the price moved +18%
Comment:
Perfect target +67% profit:)
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