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 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 to closely monitor and keep your finger on the pulse.
The break down can move to close the gap in the zone of $1.76-1.83 and at the same time give a chance to tasty buy in long.
Why long?, where the inverted H&S is clearly visible.
A break of a symmetrical triangle up above $2.30 can immediately and quite quickly direct the price to the first level of the target above $3.20.