ZKIN (LONG): Get ready for more upside continuation!
Price for ZKIN has made a nice breakout above
the level @$2.70.
For the past few weeks,
it has been consolidating in this falling wedge pattern.
Seems like the phase is almost done.
Looking for more upside soon!
Fundamental:
ZKIN is a company that manufactures and supplies patented high-performance stainless steel and carbon steel pipe products primarily used for water and gas supplies.
News has been released by the company that they are forming a joint venture with a real estate giant in China to bid for a Hydropower project worth an estimated 4.9 billion RMB.
This project will be funded by the Chinese government so once the bid is approved by the authorities, the price is gonna Soar!
the level @$2.70.
For the past few weeks,
it has been consolidating in this falling wedge pattern.
Seems like the phase is almost done.
Looking for more upside soon!
Fundamental:
ZKIN is a company that manufactures and supplies patented high-performance stainless steel and carbon steel pipe products primarily used for water and gas supplies.
News has been released by the company that they are forming a joint venture with a real estate giant in China to bid for a Hydropower project worth an estimated 4.9 billion RMB.
This project will be funded by the Chinese government so once the bid is approved by the authorities, the price is gonna Soar!
