ZK International Group Co., Ltd
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ZKIN (LONG): Breakout, accumulation and upside continuation!

408
We can see that the price has made a nice move to the upside
after breaking from the inverse head & shoulder pattern.
For now, the price can consolidate for a while in the accumulation zone
which is the place that people are buying cheap shares.
Once the accumulation is done, more upside is expected!

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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