ZKIN: The Price Is testing The Support Area Again

1 183
After the price reached the first profit zone we made +18% profit return. Currently the price is testing the support area again that looks to be very strong. The support zone is laid out between $8.50 - $8.95. Now we can also see a small "Descending Channel" as well. If the price is going to break out of the "Channel" we can go long on this trade again.

Targets:
$10.68 or 17.90%
$11.60 or 28.70%
$12.77 or 42.60%

Extended Targets:
$14.91
$17.70

Thank you Good Luck!

Previous idea:
ZKIN: Possible Reversal In The Support Area

Penafian

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