Technical
Already has my eyes on this pair since the
inverse head & shoulder breakout above the $2.00 price range.
The first TP @3.00 has been hit and waiting for for a strong break to the upside to test the $4.00 mark!
Fundamental:
ZKIN is a company that manufactures and supplies patented high-performance stainless steel and carbon steel pipe products...
($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.
As we can see $ZKIN is one of those stocks that perform...
ZKIN - Intraday - We look to buy at 2.33 (stop at 2.17)
20 4-hour EMA is at 2.37
The price continues to find uptrend on 20 EMA.
We look to buy dips.
Dip buying offers good risk reward.
Daily signals are bullish.
The bias is to break to the upside.
Trend line support is located at $2.33.
Price has formed a bullish ascending triangle formation.
Our profit targets...
💎Technical Analysis Summary💎
NASDAQ: ZKIN
-ZK is following the 9MA & 20MA daily support zone since the October uptrend
-It is now forming a potential ascending triangle pattern
-We can see a resistance zone at the body of daily candles between $2.55-$2.65
-This resistance area has been tested 6x and currently being tested today
-From a strong bounce at 20MA...
Fundamental:
ZKIN is a company that manufactures and supplies patented high-performance stainless steel and carbon steel pipe products primarily used for water and gas supplies.
News has been released by the company that they are forming a joint venture with a real estate giant in China to bid for a Hydropower project worth an estimated 4.9 billion RMB.
This...
($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.
During the previous 4 weeks, $ZKIN was moving inside a...
Hey! Today I am here with another ZKIN analysis as this stock is in a strong uptrend.
From a first look at ZKIN 4-hour chart we can spot a very clear uptrend which the “4h uptrend line” confirms, and we may also call this a bullish channel, which has bias to break to the upside.
Without looking at any indicators, this stock is in a strong uptrend even though to...
💎Technical Analysis Summary💎
NASDAQ: ZK INTERNATIONAL GROUP CO LTD
-Daily timeframe shows the price is following the 20MA
-We can see two rejection candles around $3.0-$2.8
-If we plot two trendlines, we can expect ZKIN to consolidate for at least 40 days
-Before a decision making at the apex of the triangle pattern
-For now, trading priority is still up but...
Fundamental:
ZKIN is a company that manufactures and supplies patented high-performance stainless steel and carbon steel pipe products primarily used for water and gas supplies.
News has been released by the company that they are forming a joint venture with a real estate giant in China to bid for a Hydropower project worth an estimated 4.9 billion RMB.
This...
A Development Of The Elliott Wave Perspective:
On March 19, the stock price of $ IKIN reached the lowest level of $ 0.65. After that, we can see a very fast recovery of stock price by more than 350% or by $ 3,018. What I'm focusing on right now is the potential development of Elliot Wave. The first and second waves took place between 19 March and 4 September. We...
ZKIN is one of those very volatile stocks that are pretty easy to scalp as a break of certain levels (such as currently $2.40, $2.60..) usually leads to a volume spike, both to the upside or downside.
And these breaks happens currently often as..
..as the price of ZKIN has recently broke the weekly resistance located at $2.00 per share, which was a barrier for...
We continue the series of Zkin stock ideas as the inverted H&S global figure is very attractive.
It's been 7 days since the publication of our previous idea. This week was spent in consolidation and a symmetrical triangle was formed.
Since the price is already at the end of the figure, the breakthrough may happen this trading session or tomorrow. You need...
ZK International manufactures pipes, tools and devices for water.
Since 2018, ZK International has been working on a research project to create blockchain systems, which they call xSigma.
They are now composing the Blockchain system to focus on the supply chain and the Internet of Things.
There are practically no competitors in the blockchain market, industrial...
Fundamental:
ZKIN is a company that manufactures and supplies patented high-performance stainless steel and carbon steel pipe products primarily used for water and gas supplies.
News has been released today by the company that they are forming a joint venture with a real estate giant in China to bid for a Hydropower project worth an estimated 4.9 billion RMB.
This...
💎Technical Analysis Summary💎
NASDAQ: ZKIN INTERNATIONAL GROUP CO LTD
-After 700 days of consolidation, finally, the price broke to the upside
-We can see the BB indicator started squeezing last June - Oct 2020
-And then a strong breakout direction is seen to the north
-We still have 17 days left until the monthly candle closes
-If this month of December is...
“ZK International Group Co., Ltd. to Form Joint Venture and Bid on Hydropower Project with Total Estimated Cost of 4.9 Billion RMB or $0.7 Billion”, according to a Nasdaq news.
($ZKIN) ZK International Group Co. today announced that it signed a letter of intent with Tuopeng Industrial. Together they would bid on a project that will be funded by the local...
It's been 10 days since the previous ZKIN idea was published. As it started to work out, about as we expected , we suggest to consider it on a smaller time frame.
At the same time, we recommend you to review our previous ZKIN idea , because there we described general information about ZK International Group Co., Ltd. , as well as a perfect view of the...
