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
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The price broke out from the "descending channel" TP1 reached +12.32% Actually, the price moved +18%