ZK International Group Co., Ltd
Long
Updated

ZKIN:What To Expect After An Impulsive Move?

888
After each impulsive move during the upward movement, we can see that this stock spent some time in consolidation. What we can observe is that the price likes to create a "bullish triangle" or "descending flag" before the next impulsive movement. As you can see also on the chart the price reacts very well to the support zones. The first and strong support zone may be found near $3.50 - $3.73. This is the zone where I will pay close attention for going long again.

Entry zone: $3.50 - $3.73

Targets considerint $3.5 entry zone:
$4.69 or +33.90%
$5.30 or +51.43%
$6.78 or +93.71%

Thank you and Good Luck!

Warning!
This is my personal trade and not a trading signal


We are here now:
ZKIN: Amazing Performance...Watching For Correction Again🔥


The previous analysis on the last flag was fire + 67%:
ZKIN: Is ZKIN Still a Good Stock?


Base analysis:
ZKIN: Two Bullish Setups Combined Together 🔥
Trade closed: target reached
Target reached
snapshot

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