ZKIN (LONG): Slow and steady, reaching TP1 @ $3.00 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!
Technical
Price has a strong support now at $2 after breaking up aggressively to the upside. Expecting the price to reach TP1 @$3.00 and TP2 @ $4.00 real soon!
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!
Technical
Price has a strong support now at $2 after breaking up aggressively to the upside. Expecting the price to reach TP1 @$3.00 and TP2 @ $4.00 real soon!
