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::
Downward wedge breakout double bottom - finding support on 6month TL and strong Crypto sympathy rn. Looks great. Target $5 and above - SL below $3
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...
💎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...
💎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...
💎Technical Analysis Summary💎 NASDAQ: ZKIN -The major support at 5 dollars has been broken as the price continue to trade at $4.24 -If you were holding a position at around 5 dollar range, you'd be stopped out already -Now, the trade idea for upside continue is invalid at 5 dollars buy range -Looking at the current market structure, the next potential support...
this idea was meant to be a private one for our greatest donator with a total donation of 2k$ + the bearish bias of this chart is going to end soon as the bulls get in and out in a flash! after such an enormous slippage which is still correction of latest pumps the chart starts to go slowly for its targets so don't rush for profit and expect the recent pump to...
💎Technical Analysis Summary💎 NASDAQ: ZKIN -ZK failed to hold above 7 dollar area last week and now trading around 5 dollars -This is technically not a good sign in terms of price action -The good news is the price is reacting at the 20MA in the 6D time frame -ZK bounces from this Moving Average the first time it tested last April 19 -The 5 dollars key support...
💎Technical Analysis Summary💎 NASDAQ: ZKIN -ZKIN broke out of the trendline resistance a few days ago -And the price started trading above 6 dollars range -Currently, we can see the ZK is showing a little weakness -This may lead to a potential retest of the 100D MA support -If the 6 dollar support failed to hold in the coming days -I think to go down to mid 5...
The price of ZKIN has been corrective for some time and it has almost turned into an overall downtrend. However the losses were capped at $4.86 where the price found price on overall uptrend line (scroll to see) and has formed a reversal pattern. The price is currently a bit overbought and I expect the price to correct a bit before any more upside. I expect a...
💎Technical Analysis Summary💎 NASDAQ: ZKIN -From my update last week, the price continues to fall to 100D MA -ZKIN touches the 100D MA 3x and we saw a bullish rejection on it -The 5 dollar zone is acting good support in the midterm area -Currently, it is starting to break outside the trendline resistance -This is a good sign because it may have found the...
💎Technical Analysis Summary💎 NASDAQ: ZKIN -ZK continue to trail below the trendline resistance -The price is currently rejected by the 50D MA -We haven't seen any strong move up by the Bulls -ZK is now -60% from the high price -When do we expect any potential reversal? -Since we have lost the 50D MA area -The next important key level of support is at 5...
💎Technical Analysis Summary💎 NASDAQ: ZKIN -ZK continue its short term correction today -The price has entered the mid 7 dollars range -The 50D Moving Average also entered the 7 dollar level -This will likely catch up with the price and potential give extra support -If I'm bullish, I want to see ZK hold the yellow box above the 50D MA -Because if we hold that,...
💎Technical Analysis Summary💎 NASDAQ: ZKIN -ZKIN closes the monthly candle of March with a strong bullish momentum -This is the 7th consecutive green candles since September 2020 -The price is above the monthly support of 2017-2018 trading history -The RSI is above 70 level which is a good sign of strength -If ZKIN may retest the historical support, it must...