ZK INTERNATIONAL (New Higher High)

💎Technical Analysis Summary💎



NASDAQ: ZKIN

-My previous target of around 8-9 dollars has been achieved
-The price even hit a new Higher High with today's strong breakout
-This up move is followed with big buy volume
-ZKIN is back on its uptrend structure
-Our potential local support is around 10 dollars
-Which is the previous candle body resistance area
-If we will have a small pullback this zone is to watch
-You will need to see if a bullish rejection at support is confirmed
-Before looking for a rebuy oppurtunity to reduce the risk
-But if ZKIN will have another follow-through by Monday
-I think the potential upside targets are up to 18 - 21 dollars
-Using the Fib extension we can determine the potential profit-taking targets
-Congrats for the Bulls today especially those who bought the dip at 4-5 dollars
-For now, let us all enjoy gains and have a nice weekend! :)




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