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PolarHusk
2021εΉ΄2月19ζ—₯午後4ζ™‚17εˆ†

ZK INTERNATIONAL (Strong Parabolic Move?)Β 

ZK International Group Co., LtdNASDAQ

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πŸ’ŽTechnical Analysis SummaryπŸ’Ž



NASDAQ: ZKIN

-ZKIN is about to finish its 3rd consecutive weekly bullish candle in few hours
-It will also close above previous support last Oct 2017 - Jun 2018 history
-This is an indication of a strong parabolic move up from $0.66 bottom
-If price acceptance above the green box area, the chances to test the 10 dollar region increases
-The Bulls are strong because what you would expect the previous support could turn resistance but fail
-If you shorted the 6 dollar area last week, you will be in trouble today
-Going against a strong uptrend is high risk and low reward
-It is always recommended to follow the dominance trend
-There is no signs of weakness, the Bulls are in full throttle
-If you can see a good pullback in the green box
-That would be a potential rebuy opportunity again
-I will update this analysis early next week




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RishiMa
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Nice Analysis
PolarHusk
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@RishiMa, Thank you! πŸ»β„οΈπŸ™πŸ˜ŠπŸ˜ƒ
Vesica-Piscis-Insights
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This is going to squeeze haaaaaaard.... just noticed they only have 19.7million shares outstanding!!! I'm trying no to be a moonboy but that is some scarcity... especially when I truly believe retail investors and wallstreet are underestimating how scarce the SIG tokens are going to be. All the Defi Dex plays are currently in the billion dollar levels of mcap... this could could propel ZKIN extremely higher on the parabola upon luanch next week. Very Excited to add to this come Monday when we get a dip at some point.
PolarHusk
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@WalkawayPlanTransformation, Thanks for sharing your opinion πŸ»β„οΈπŸ™πŸ˜ŠπŸ˜ƒ
Stargazer_fx
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nice chart mate, thanks for sharing
PolarHusk
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@Stargazer_fx, You are welcome πŸ»β„οΈπŸ™πŸ˜ŠπŸ˜ƒ
FXtrades-gp
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amazing chart, thank you for sharing
PolarHusk
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@FXtrades-gp, Thanks too πŸ»β„οΈπŸ™πŸ˜ŠπŸ˜ƒ
TheSignalyst
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thank you Polar!
PolarHusk
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@TheSignalyst, You are welcome πŸ»β„οΈπŸ™πŸ˜ŠπŸ˜ƒ
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