ZKIN INTERNATIONAL (50D MA Support?)💎Technical Analysis Summary💎
NASDAQ: ZKIN
-ZK continue its short term correction today
-The price has entered the mid 7 dollars range
-The 50D Moving Average also entered the 7 dollar level
-This will likely catch up with the price and potential give extra support
-If I'm bullish, I want to see ZK hold the yellow box above the 50D MA
-Because if we hold that, the chances to break the trendline resistance increases
-I think Zk will consolidate in the next 5 days before deciding to go higher or not
-There are two potential trading approach here
-First is to enter at the current market price provided it is still above 50D MA
-The second plan is to enter once the trendline resistance is broken upwards
-We have high-risk trade but high reward plan and a much conservative entry but the lower reward
-It all depends on your risk appetite and market condition
-As long as you have a trading plan including risk management
-Entering any potential trade would be easy
-So always practice small and develop a well-disciplined trader
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ZKIN
ZKIN INTERNATIONAL (Bullish Monthly)💎Technical Analysis Summary💎
NASDAQ: ZKIN
-ZKIN closes the monthly candle of March with a strong bullish momentum
-This is the 7th consecutive green candles since September 2020
-The price is above the monthly support of 2017-2018 trading history
-The RSI is above 70 level which is a good sign of strength
-If ZKIN may retest the historical support, it must hold and defend the 6.6 dollars
-This support zone coincides with the upward trendline which can act as an uptrend projection
-I'm expecting the price to consolidate in this area for the next 3 months
-If we can find a bullish continuation in the weekly or daily time frames
-A potential retest of 16 dollars in the next few weeks
-For now, the overall market structure is strong and the priority remains to the upside
-I will publish a new analysis next week using the daily chart took into shorter price actions
-Weekend is coming, I hope everyone had a fantastic trading experience!
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ZK INTERNATIONAL (Retest 0.618 Fib Support?)💎Technical Analysis Summary💎
NASDAQ: ZKIN
-ZK International is currently retesting the 0.618 Fib level
-This zone is a confluence of 20D MA support area
-The pullback from 14.7 dollars down to the current level is still healthy
-We are just looking for another potential Higher Low zone
-The bulls are waiting and looking for the best opportunity
-The 50D MA is our strong support because the price has respected it last time
-I'm expecting the 50MA to catch the price around mid 7 dollars
-If we can see bullish reversal at 8 dollars or mid 7 dollars
-I think the new Higher Low point increases our bias for upside continuation
-For now, this could be a buying the dip opportunity
-But I recommend scaling in only once there are signs of strength is present
-I will update tomorrow if we can see any good progress
-Have a nice day everyone!
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ZK INTERNATIONAL (Pullback to .618 Fib?)💎Technical Analysis Summary💎
NASDAQ: ZKIN
-We can see ZKIN is having an issue breaking above the 14 dollar zone
-It just printed its 5th rejection candle yesterday which is not a good sign
-This seems to be a profit-taking zone for short term buyers which are the Sellers
-We only have few hours left before this daily candle and weekly closes
-If the price can't hold above the 10 dollar area
-I think it will likely test the importance.618 Fib level with the confluence of 20D MA
-If the Bulls can defend the 8 dollar zone and recover back above the 11 dollar mark
-The chance to retest the recent top increases in the coming days
-For now, I can see a correction to test the important levels
-This is not a major red flag as the market structure stills making higher lows
-The only time I will turn heavily bearish if ZKIN will break below the 50D MA
-Let us all enjoy this weekend and plan our next trade next week
-Keep safe everyone! :)
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ZKIN to Attack all time high!ZKIN, a pretty unknown stock as I would consider has made over 600% gains since my first bullish analysis at $2 per share, as now it's being trade above $12 per share!
ZKIN, a stock that has few days ago traded in Dollar value higher than:
- Walmart
- Starbucks
- McDonalds
- Ford Motors
- Coca Cola
- Twitter
and all major Covid vaccination companies!
Also, this company has currently gotten into NFT's recently as it's connected with blockchain.
From a technical perspective, the price action has formed an ascending triangle which has bias to break to the upside, potentially retesting the all time high at $16 per share!
MACD however is pretty overextended and is pointing towards a correction to 20 EMA to $10 before a move to bespoke resistance at $16.
The price can fall slightly below $9.00 without impacting the overall uptrend, where 50 EMA with uptrend line support are both located.
My outlook is bullish with no technical reason for a trend change!
Good luck!
ZK INTERNATIONAL (New Higher High)💎Technical Analysis Summary💎
NASDAQ: ZKIN
-My previous target of around 8-9 dollars has been achieved
-The price even hit a new Higher High with today's strong breakout
-This up move is followed with big buy volume
-ZKIN is back on its uptrend structure
-Our potential local support is around 10 dollars
-Which is the previous candle body resistance area
-If we will have a small pullback this zone is to watch
-You will need to see if a bullish rejection at support is confirmed
-Before looking for a rebuy oppurtunity to reduce the risk
-But if ZKIN will have another follow-through by Monday
-I think the potential upside targets are up to 18 - 21 dollars
-Using the Fib extension we can determine the potential profit-taking targets
-Congrats for the Bulls today especially those who bought the dip at 4-5 dollars
-For now, let us all enjoy gains and have a nice weekend! :)
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ZK INTERNATIONAL (Test Mid Resistance or 8 Dollars?)💎Technical Analysis Summary💎
NASDAQ: ZKIN
-Previous update was expecting a good bounce at 50D MA
-The Bulls defended that region and the price is now trading above 6 dollars
-We can see the ZKIN is now outside the short term resistance trendline
-And started trailing the 9 Moving Average in the daily
-If next week candle continues to trade above 6.6 dollars
-I think we will have a higher chance to test the 0.5 - 0.618 Fib resistance
-The 8 dollar region will be our mid resistance to break
-If we can clear that region, I think we can retest the 13 dollars recent high
-That is all for the bullish side of the thing
-Now, looking at the downside scenario, if we lose the 9MA dynamic support
-And closes below 6 dollars, I think we will retest the recent low around 5 dollar
-The 50D MA will catch up and may act as support again
-If we bounce from it, it will be a good sign of a potential double bottom
-We need to have both plans if things go south and act what we see not what we feel
-Please trade responsibly and always follow proper risk management
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ZKIN 1D Soon a new movement up (part 7)We continue the series of Zkin stock ideas as the inverted H&S global figure is very attractive and in action now.
Since the publication of the previous idea , the Zkin price has moved up by 50-60% to $12, after that the fall began, which we warned about.
Yes, in the last few days, fluctuations and fall were observed on many stocks traded on Nasdaq, but the Zkin showed -66% - it makes us think. However, this fall did not go beyond the white parabolic growth.
This fall filled the gap that we mentioned in the previous idea.
Now the price may rise again, the levels that should be guided by growth are $8.50-$9.25-$10.
Then another fall is possible in the zone of $6, where the price will decide : move the white route to the zone of $15-16 or the red route to $2.20.
ZK INTERNATIONAL (Test 50D MA Support?)💎Technical Analysis Summary💎
NASDAQ: ZKIN
-My previous update failed to hold the 6$-$5 support area
-The price is now testing the 50D MA dynamic area
-With the confluence of previous mini consolidation last Feb 3-12 trading history
-The over-all market is highly affected by the S&P500 correction
-The price has retraced -65% from the top all the way to the current level
-Today's daily candle close is very important because this will affect next week market sentiment
-If ZKIN can hold the area $4 for at least 3 trading days
-I think we can safe to say temporary support is found
-And would expect a relief bounce up provided the S&P500 can find support as well
-For now, please wait for proper reversal signs of strength in terms of bullish price action
-Because we will never know how far this correction can be
-Do not try to catch the bottom, target only the chunk in the middle if we want to play safe
-Always look at both side of the market and be prepared for the worst and best scenarios
-We will have a good trading day again, this is normal in terms of the market cycle or uptrend
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ZK INTERNATIONAL (Healthy Correction?)💎Technical Analysis Summary💎
NASDAQ: ZKIN
-My previous published idea and targets are achieved
-The price went even above my $10 target zone
-That is a strong bullish push up almost hitting the ATH
-Currently, the price has now retraced more than -50%
-And testing the 20D MA dynamic support range
-This zone is a confluence of 0.786 Fib level
-We can see a rejection candle pushing the price above the 20MA
-If the next daily candle turns out green on Monday
-This will increase our bias of $6 potential new support area
-And also, the chances to test the $9 region increases
-It would be a good rebuy opportunity if we are expecting another leg up
-Do not rush in, always wait for a good confirmation to reduce the risk
-This can be only a reaction bounce, not a true support confirmation
-So it is better to observe the market for another day of trading
-Because our main objective is to minimize the risk and maximizing our profit
-Always plan ahead and look at both market direction
-I will update next week once new data comes in
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ZK INTERNATIONAL (Strong Parabolic Move?)💎Technical Analysis Summary💎
NASDAQ: ZKIN
-ZKIN is about to finish its 3rd consecutive weekly bullish candle in few hours
-It will also close above previous support last Oct 2017 - Jun 2018 history
-This is an indication of a strong parabolic move up from $0.66 bottom
-If price acceptance above the green box area, the chances to test the 10 dollar region increases
-The Bulls are strong because what you would expect the previous support could turn resistance but fail
-If you shorted the 6 dollar area last week, you will be in trouble today
-Going against a strong uptrend is high risk and low reward
-It is always recommended to follow the dominance trend
-There is no signs of weakness, the Bulls are in full throttle
-If you can see a good pullback in the green box
-That would be a potential rebuy opportunity again
-I will update this analysis early next week
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ZKIN 1D Soon a new movement up (part 6)We continue the series of Zkin stock ideas as the inverted H&S global figure is very attractive and in action now.
In the previous idea, we said goodbye to you for a month, but only a week passed and here we are doing a new idea.
And all because the cost of the Zkin stock made +100% for the week.
T he growth takes a parabolic and vertical shape and a strong correction is already somewhere close.
Let's assume that the growth will continue until the round number of $10 per Zkin stock.
From there, a correction lasting 1-2 weeks can begin.
The target for correction should be considered in the range of $5-6.
Because in such a rapidly growing market, we formed a Gap in the zone of $5.30-5.80.
TA rules recommend to overlap Gap, but this is not necessary)
No matter what, the chart shows that globally our parabolic growth could have a logical conclusion in the range of $16.
ZKIN in full bull run mode! 400% gainsAs some of you may know I am monitoring this relatively unknown stock for a while since it was at $2.00 per share and currenly this stock is being traded around $8.00 per share, a 400% increase.
Link to first idea
ZKIN is now in full bull run mode and it's not easy to say where will it find a resistance and see a correction as it's really overbought.
ZKIN is breaking into new highs day by day, without any strong pressure and if there is some, it gets immediately bought.
The next target for ZKIN is located at psychological resistance, $10 per share.
MACD is currently in a second strong buying wave and bullish momentum keeps increasing as we can see on histogram.
RSI is strongly overbought above 90 area, but it's hard to say if it's going to have one more push to $10 or see a correction.
20 and 50 EMA lines are in a very strong uptrend as the price is highly above 20 EMA. This is not ideal as a sharp correction can easily be seen all the way to $3.50 without impacting the overall daily uptrend.
However the price can still go sideways and wait for the EMA's to catch up, that would be a sign of share owners not willing to sell.
If you are looking to trade this stock, it's hard to buy dips as there are almost none so buying a break of recent high at $8.66 would be my approach.
Good luck!
ZK INTERNATIONAL (ShortTerm Consolidation?)💎Technical Analysis Summary💎
NASDAQ: ZKIN
-ZK is rejected near 5 dollars psychological resistance level
-The good news though is the price is trading at the resistance area
-That is a sign of strength in terms of price action
-Because the Buyers are still interested in this level
-The 9MA support is our short term guide
-We have 4 hours left before this candle closes
-It is like ZK will consolidate around 4.4 dollars for the next few days
-We just have to keep the price above 4 dollars to keep the strong momentum
-So far, there is no major red today, only some profit-taking action
-This is a good opportunity to look for additional entries if there is a new strength
-I will share my new analysis next week
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ZKIN 1D Soon a new movement up (part 5)We continue the series of Zkin stock ideas as the inverted H&S global figure is very attractive and in action now.
It's been almost a month since the publication of our previous idea.
We will immediately spoil and brag, because the price has made another predicted movement now it is +60% , check :)
After 4 consecutive daily candles made false breakouts of the level $2.90, the price continued to move up evenly along the arrows drawn by us, for what we thank the market players.
Given that the previous weekly candle was closed by a powerful green pillar, this week we can expect not too deep correction, which we assumed in previous ideas.
How about making a correction to $3.90 and then start the next movement by +50%?)
Let's check the effectiveness of this forecast soon)
Be aware of pumpers..!
My dear followers stay away from this ticker symbol..!
Scammers and pumpers are active in it..!
Today someone text me in TradingView for collaboration and publishing analysis.
I asked him to direct message me in telegram.
When he talked about publishing analysis for them , I asked about their criteria and what sort of analysis they are looking for???
Long story short, he said : “ You did not get it, we pick the symbol and you publish the bullish view on your page”.
For those of you who are new in this market, This is called stock pumping..!
Who are the stock pumpers?
Pump-and-dump is a scheme that attempts to boost the price of a stock through recommendations based on false, misleading or greatly exaggerated statements. ... Then, once the price of the stock has been increased sufficiently by unsuspecting marks, the promoters then sell the stock at high prices.
Please be aware of these conman jobs..!
I don’t expose them by name this time, but this is the last time!
These idiots don’t even bother to think that if I was a pumper I did not publish a 25 stocks weekly portfolios !
Please share this with your friends to teach them a lesson they don’t forget for the rest of their worthless lives..!
I am willing to trade any asset class, but the trust of my followers..!(Moshkelgosha)
ZKIN about to hit my 300% target!As you may notice, I've posted several Stock post about this unknown NASDAQ company based in China, ZKIN.
For a bit of fundamentals, checkout my first idea where the price was located at $2.00, 100% profit already!
As the price of ZKIN continues to be in a strong uptrend, breaking into new recent highs, a price of $6.00 per share would be nothing unusual to see! That would lead to another 50% increase from current price and a 300% increase from my first ZKIN outlook.
The weekly resistance levels are located at $4.70, $6.00 and $6.80.
So a break of $4.70 can easily result in a whopping 27% increase in few days.
But as the price of ZKIN likes to ride on 20 EMA, the price seems a bit overextended and a healthy correction to $3.30 area is also likely to be seen, where it may be a good idea to get into this stock! Buying dips is a good strategy in a strong uptrend, if you know where the dip will be located.
MACD after a strong selling wave gave a buy signal and buying volume keeps increasing.
RSI is above 60 which signifies that strong bullish momentum is present, a break below 60 will lead to a correction to $3.30 area.
So either buy a break of recent high at $4.67 or buy a dip at $3.30 area. If you are looking for the best risk reward and greedy, look to buy dips at 50 EMA at $2.70 per share where the price can also be headed in a strong correction.
ZK INTERNATIONAL (Retest Previous Top Resistance?)💎Technical Analysis Summary💎
NASDAQ: ZKIN
-After the Bullish breakout of trendline 2 days ago
-ZKIN created another Higher High confirmation of a strong push-up
-This is a 67% increase from its swing Higher Low at 2.8 dollars
-If we will see a retracement or pullback
-The potential local support would be around 3.7 dollars - 3.5 dollars
-This is also a confluence of previous resistance and Golden Fib zone
-Trading with the dominant trend is the best option right now
-Going Long and preparing your next trade plan is a must
-It would be an exciting trading opportunity again next week
-I will provide updates once a new structure is potentially in play
⚠️Please always read the description⚠️
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NASDAQ 42% profit opportunity. The price of ZKIN is currently in a Bull flag, that is a bullish continuation pattern with bias to break to the upside. Alternatively we can draw this pattern as a falling wedge, but it’s a bullish pattern with bias to break to the upside.
This bull flag is expected to push the price at least to $4.00 per share, shortly followed by $4.30.
$4.30 will likely be a top based on weekly chart from where a moderate correction will be seen before any more upside.
The overall daily trend remains in strong bull trend as the price of ZKIN is above 20 EMA, a break below 20 EMA will lead to extended losses that can potentially reach $2.60 and deny this bull flag pattern. There are no technical signs why ZKIN should break below 20 EMA.
A break above $3.50 is likely to lead to extended gains all the way to $4.00 per ZKIN share!
MACD is on a corrective wave, as the price was too far away from 20 EMA. Notice how much are two EMA’s apart from each other, corrections such as this helps to reduce the potential losses.
RSI is in overall uptrend, in a trend of higher lows for a long period of time.
The overall daily outlook remains bullish as the price of ZKIN is in a daily bullish pattern, and the price can possibly this week reach a $4.00 mark per share!
Targets are located at $4.00 (37% profit) and $4.30 (47%), resulting in overall profit of 42%. (50/50)
ZK INTERNATIONAL (Bullish Trendline Break)💎Technical Analysis Summary💎
NASDAQ: ZKIN
-After multiple Bullish rejections at new support around 2.8 dollars
-Finally, a strong Bullish candle broke above the trendline resistance
-What we need to see is more follow-through from the Bulls in the coming days
-We have two potential Bullish scenarios here to watch
-First is a retest of previous trendline resistance to become new support and continue higher
-Or we will see a strong upside recovery up to the recent top around 3.7 dollars
-Before we will see a minor consolidation before breaking to new Higher High
-Either of these two scenarios, we can safe to say that the Bulls are back
-And the mid-term uptrend priority is likely to continue
-I will give a new update before the end of this week
⚠️Please always read the description⚠️
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ZK INTERNATIONAL (Key Support Found?)💎Technical Analysis Summary💎
NASDAQ: ZKIN
-The price respected the 0.5 Fib support level twice
-Today's candle is the confirmation of a new support area
-Currently, ZKIN is testing important resistance trendline
-This is the level that needs to break to continue its upward move
-If this resistance level can't be broken today
-Next week trading would be really interesting
-Because we will have a decision-making scenario
-Technically, the market is shifting from ranging to an uptrend
-Our trading bias or priority remains on the Bullish side
-If you are aggressively entering for Long position
-You should place a stop loss below 0.5 Fib
-But if you want a conservative entry point
-Waiting for the trendline resistance breakout is the next option
-Please always have a trading plan and execute them properly
-I will publish a new analysis once new data come into play
⚠️Please always read the description⚠️
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ZK INTERNATIONAL (Daily 20MA Good Support?)💎Technical Analysis Summary💎
NASDAQ: ZKIN
-It seems the 3.7 dollar is a strong resistance zone
-The price was unable to break its previous High
-ZKIN has pulled back to its 20MA support area
-We still have a few hours left before this daily candle closes
-It seems to be the 3 Dollar zone is acting as a good support
-This is also a confluence of previous resistance last Nov 25, 2020
-All major moving averages are still below the price
-So basically, the trading priority is going Long
-If you are an aggressive buyer, you can start to scale in
-Just above the 3 dollar area provided there are signs of strength
-But if you want to be more cautious and wait for extra confirmation
-A breakout above the trendline resistance is your next option
-The upside target is the recent High around 3.7 dollars or higher
-For now, I'm expecting a potential consolidation in the next few days
-There is no major red flag yet provided the over-all market condition is in our favor
-Once the market saw new development, I will try to share my new analysis
⚠️Please always read the description⚠️
A big Thanks for donating 💰 via Tradingview coins this week to Dinore 🙏🎉
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Please Exercise Risk Management 💱
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ZKIN in Triangle headed to $4.00 (20%)The price of ZKIN has formed a symmetrical triangle pattern, which can break both to downside or upside. Considering that the price of ZKIN is in a 4H uptrend, it’s more likely to break to the upside.
Basically as long as the price isn’t below 50 EMA, which is currently located at $3.12, the overall uptrend remains.
The downtrend line that ZKIN has to break, is currently located at $3.44. A break of $3.50 would then confirm the break of the downtrend line, and the gains could exceed to retest recent pivot high located at $3.79.
On the other hand, the uptrend line is located at $3.20 per share. If bulls wants a strong uptrend, the price has to maintains above 20 EMA. Currently ZKIN is above 20 EMA, so we may say that a we are in a strong 4H uptrend.
Indicators.
After two strong selling waves, MACD wave indicator can likely signal a buying wave, as it’s still above neutral bullish levels in uptrend. Above 0, (26EMA = 0.05, 9EMA = 0.08)
RSI is showing a normal hidden bullish divergence, which is expected to push the price higher or a see correction to the upside.
Current 4 hour resistance levels, which break of confirms bullish momentum.
$3.50 $3.75 $4.00!
Support levels.
$3.35 $3.10 $2.95
The 4H overall ZKIN outlook will confirm either a break above $3.50 or a break below $3.15. Both of these levels will bring momentum. Either to $4.00 or $2.95.






















