KlejdiCuni

ZKIN: Is ZKIN Still a Good Stock?

Long
NASDAQ:ZKIN   ZK INTERNATIONAL GROUP CO LTD
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:
Trade closed: target reached: The price broke out from the "descending channel"
TP1 reached +12.32%
Actually, the price moved +18%
Comment: Perfect target +67% profit:)
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Comments

Great job man! really impressive
Reply
great analysis. I love me some zkin.
Reply
After hitting the first PT, what should we expect as support for the next dip?
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