ZK INTERNATIONAL (Bullish Trendline Break)

٣ فبراير ٢٠٢١

💎Technical Analysis Summary💎



NASDAQ: ZKIN


-After multiple Bullish rejections at new support around 2.8 dollars
-Finally, a strong Bullish candle broke above the trendline resistance
-What we need to see is more follow-through from the Bulls in the coming days
-We have two potential Bullish scenarios here to watch
-First is a retest of previous trendline resistance to become new support and continue higher
-Or we will see a strong upside recovery up to the recent top around 3.7 dollars
-Before we will see a minor consolidation before breaking to new Higher High
-Either of these two scenarios, we can safe to say that the Bulls are back
-And the mid-term uptrend priority is likely to continue
-I will give a new update before the end of this week



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