Fisher_Fx

ZKIN (LONG): $3.00 has been reached, $4.00 soon

Lång
NASDAQ:ZKIN   ZK International Group Co., Ltd
Technical
Already has my eyes on this pair since the
inverse head & shoulder breakout above the $2.00 price range.
The first TP @3.00 has been hit and waiting for for a strong break to the upside to test the $4.00 mark!

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!

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