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PolarHusk
12 פבר׳ 2021 16:27

ZK INTERNATIONAL (ShortTerm Consolidation?) 

ZK International Group Co., LtdNASDAQ

תיאור

💎Technical Analysis Summary💎



NASDAQ: ZKIN

-ZK is rejected near 5 dollars psychological resistance level
-The good news though is the price is trading at the resistance area
-That is a sign of strength in terms of price action
-Because the Buyers are still interested in this level
-The 9MA support is our short term guide
-We have 4 hours left before this candle closes
-It is like ZK will consolidate around 4.4 dollars for the next few days
-We just have to keep the price above 4 dollars to keep the strong momentum
-So far, there is no major red today, only some profit-taking action
-This is a good opportunity to look for additional entries if there is a new strength
-I will share my new analysis next week




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תגובות
abel11
Thanks for always sharing your thoughts.
PolarHusk
@abel11, your welcome :)
FieryTrading
Same view! thanks for sharing🔥
PolarHusk
TheSignalyst
fantastic job Polar ;)
PolarHusk
@TheSignalyst, Thank you!
UnknownUnicorn15571923
gracias
PolarHusk
@jaredfrench, Thank u
FXtrades-gp
interesting chart, thanks so much!
PolarHusk
@FXtrades-gp, you are welcome ;)
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