In recent weeks, ZK International (NASDAQ: NASDAQ:ZKIN ) has captured the attention of investors with an impressive rally, surging over 139% since the beginning of November to its current level of $1.07. This remarkable leap may be just the beginning of more substantial gains, particularly following NASDAQ:ZKIN 's successful bid to regain Nasdaq minimum bid...
Nice reversal off this back test. I can see this running to 30+ in 2022 due to NFT hype. (MaximNFT is their subsidiery)
Budweiser just dropped their NFT, VISA purchases a cryptopunk. The mania hasn't even started yet ::EYES::
ZKIN has some profitable things goin on behind the scenes.
MaximNFT is a digital marketplace for crypto collectibles and non-fungible tokens by Maxim.com and xSigma Lab. xSigma is a subsidiary of ZKIN.
MAXIM magazine is working with NFL players on NFTs to be released exclusively on MaximNFT soon.
I don't love the hype on NFTs but I am bullish on the...
Back in December 2020, we noticed a global "Head and Shoulders" reversal pattern on the ZK International Group Co., Ltd stock chart and began publishing a series of ideas with reviews of how this pattern worked out.
In fact, we made 7 exact ideas for growth from $1.80 to $14.60, pointing out the buy and sell zones during the growth.
Since March 2021,...
ZKIN dropped slightly lower than anticipated but my forcast for a 50-100% gain remains the same. it has reached the bottom resistance level and this is a fundamentally solid company that even through covid was getting contracts with the temporary hospitals built in China. Looking for a breakout bounce after today.
ZKIN has solid momentum as a short term play with a good entry point anywhere above 4.75$. if it is able to maintain positive momentum while staying above the bottom suppistance curve I think that it is realistic to see another spike of 50-100% in the next few months. As of now it still has room to drop slightly downward but only to around 4.7$. I currently have a...
This analysis was requested by my followers. This stock had a very good performance over the previous months.
As we can see the price created a very nice "Inverse Head & Shoulder" pattern that may reverse the direction of the trend.
Price broke out of the neckline already and now we need to wait for the price to test the neckline near $5.25 before considering to...
💎Technical Analysis Summary💎
NASDAQ: ZKIN
-ZKIN almost closes below the 4 dollars key support zone
-But the bulls defended that region with a strong rejection candle
-The price manages to regain above 4 dollars respecting the trendline support
-This is a good sign of strength in the short term
-Yesterday, the bulls tried to break above the resistance line but...
Price for ZKIN is currently right above
the weekly support level.
It has also formed a falling wedge pattern.
Looking for a breakout from the pattern and
up to test the first TP @ $7.00
From the previous analysis, one of the scenarios that I pointed out was the potential retest of the support zone again. As we can see it happened already and we can anticipate a potential double bottom. The first target $5.10 is a decisive point in this trade.
Targets:
$5.10
$5.60
$6.30
$6.88
Trade Carefully!
Thank you and Good Luck!
🛑Disclaimer🛑
The...
💎Technical Analysis Summary💎
NASDAQ: ZKIN
-ZK may have temporarily found support at low 4 dollars
-The price is respecting in this region for the last 9 days
-We can also see a strong bullish rejection from here last March 5th
-There is also a mini bull flag consolidation on Feb 3-12 before the strong move up
-The bulls are trying to hold their current...
On May 13, the price tested a strong support area near $ 4.20. After that, we can clearly see a very strong bullish reaction after the price broke out from the channel raising the price above by almost 20%.
So the $ 4.20 blue zone showed us that buyers were well-positioned there for a bullish move. The price may now move higher, but there is also the possibility...
The price for ZKIN has made a very strong
bull run in the past few months.
It has gone back up to test the
previous high @ $14.00.
It got rejected and currently is pulling back.
Right now it back to the weekly support level
which also coincides with 0.786 Fibo level.
Looking for an upside move from here!
As we can see the price created a very nice "Descending Channel", coming from above. Below we have the support area (in blue) that is holding the price. Now all we have to do is waiting and see if the price is going to break out of the channel. After that we can open long positions. You can open long positions here as well, but the risk involved is a bit higher in...
ZKIN is a very volatile stock and this quality makes it very good for trading. What is very important to do this is that you need to follow the basic trading rules.
Targets:
$5.60
$6.30
$6.88
🛑Disclaimer🛑
The content of this analysis is subject to change at any time without notice. Trading leveraged products carry a high level of risk and may result in you...
💎Technical Analysis Summary💎
NASDAQ: ZKIN
-The major support at 5 dollars has been broken as the price continue to trade at $4.24
-If you were holding a position at around 5 dollar range, you'd be stopped out already
-Now, the trade idea for upside continue is invalid at 5 dollars buy range
-Looking at the current market structure, the next potential support...
