ZKIN:🔥+215.88% Accumulated Profits🔥 -The BULLS Are Doing Great

($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 becoming one of my favorite stocks. From the previous analysis, you can see a clear accumulated profit of 215.88%, if you check all the previous ideas.
I am still holding very strong the triangle pattern that we are now because it can contribute to a change of direction and the movement will be great after that....(I am expecting a strong bullish move)
As long as the price reached the maximum price targets we set in the previous idea inside the triangle pattern, a potential pullback could be on the cards before it rises. However, the bullish momentum is still intact, very strong and we can probably see a break out above the consolidation of the triangle as well.
If the price will test $ 2.38 - $ 2.41 again, we can return to our long positions for the next big move.

Check the previous analysis for the bigger picture and price development.

Targets to consider:

TP 1 @ $ 2.9 or 21.77%
TP 2 @ $ 3.08 or 28.45%

TP 3 @ $ 3.40 or 42.60%
TP 4 @ $ 4.05 or 69.84%

Thank you and Good Luck!

First Analysis:

Second Analysis: Profits +27.63%

Third Analysis: Profits +21.92%

Fourth Analysis: Profits +19.87%, +31.53%, +43.70%

Fifth analysis: 16.84%, 22.7%, 31.69%

Komentar:

$ZKIN is just going crazy up and now at $3.21 is above the triangle.

Komentar: