KlejdiCuni

ZKIN: Two Bullish Setups Combined Together 🔥

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.

$ZKIN is one of those stocks with high performance. Only on this stock, we have more than 🔥+215.88% Accumulated Profits🔥. Actually, we can see that on the weekly chart the price has created an "Inverse Head and Shoulders" and above the neckline, on the lower time frame the price has created a "Bullish Triangle". During the previous week the price broke out from the triangle and we can see a very big green candle on the weekly chart. This is showing that the price is getting strong momentum. This week I am expecting that the price may retest the top of the triangle before moving up again.
Entry zone: $2.94 - $3.06
Targets to consider:

TP 1 @ $ 4. 05 or 34.68%
TP 2 @ $ 4.93or 63.92%

TP 3 @ $ 6.78 or 125%
or 238.43% (for those from the first analysis)

Thank you and Good Luck!
Comment: +15% so far
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Comments

Perfect setup, thanks
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Great set up dude!
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I have the same thoughts!
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Potential move upside I think 🐻❄️🙏😊😃
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Nice one Klejdi, as usual 🙌
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Good mom. all the best!
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Nice work
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KlejdiCuni Rossie19
@Rossie19, Thank you:)
Reply
prayankjain85 KlejdiCuni
@KlejdiCuni, I like this entry - I went in today @ 3.30 - how is the week looking? I appreciate your analysis!
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good head and shoulder pattern
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