We continue the series of Zkin stock ideas as the inverted H&S global figure is very attractive and in action now.
It's been a month since the publication of Whoever listened to had a great chance to earn 50% on Zkin stock price move up .
Now the price is consolidating above the level of $3.20, so to speak, concreting it from above. This price behavior can be seen as preparation for further upward movement.
We can assume that the next move up will again reach +45-50% to the level of $4.60. However, do not forget about the stop, it is logical below 3.
If we look at the history of the stock price movement, we can see that in the zone of $3.20-4.60 before there was a certain consolidation, before further downward movement. Therefore, we doubt that now, for the first time the price will be able to move above $4.60.
We also recommend to look through our previous ideas of the Zkin stock. You will be able to read general information about ZK International Group Co., Ltd and understand our logic of stock analysis.