How the (ZK) price action is used to our Advantage
November 07, 2024, 21:48 pm ET, BY Simon M.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for ZK
- Buy ZK near 20.56 target 27.78 stop loss @ 20.5 Details
The technical summary data tells us to buy ZK near 20.56 with an upside target of 27.78. This data also tells us to set a stop loss @ 20.5 to protect against excessive loss in case the stock begins to move against the trade. 20.56 is the first level of support below 25.47 , and by rule, any test of support is a buy signal. In this case, support 20.56 is being tested, a buy signal would exist.
- Short ZK slightly under 27.78, target 20.56, stop loss @ 27.86 Details
The technical summary data is suggesting a short of ZK as it gets near 27.78 with a downside target of 20.56. We should have a stop loss in place at 27.86though. 27.78 is the first level of resistance above 25.47, and by rule, any test of resistance is a short signal. In this case, if resistance 27.78 is being tested, a short signal would exist.
Swing Trading Plans for ZK
- Buy ZK slightly over 27.78, target 28.22, Stop Loss @ 27.7 Details
If 27.78 begins to break higher, the technical summary data tells us to buy ZK just slightly over 27.78, with an upside target of 28.22. The data also tells us to set a stop loss @ 27.7 in case the stock turns against the trade. 27.78 is the first level of resistance above 25.47, and by rule, any break above resistance is a buy signal. In this case, 27.78, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short ZK slightly near 27.78, target 24.37, Stop Loss @ 27.86. Details
The technical summary data is suggesting a short of ZK if it tests 27.78 with a downside target of 24.37. We should have a stop loss in place at 27.86 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 27.78, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Day Trading Plans for ZK
- Buy ZK slightly over 26.27, target 27.78, Stop Loss @ 26.21 Details
If 26.27 begins to break higher, the technical summary data tells us to buy ZK just slightly over 26.27, with an upside target of 27.78. The data also tells us to set a stop loss @ 26.21 in case the stock turns against the trade. 26.27 is the first level of resistance above 25.47, and by rule, any break above resistance is a buy signal. In this case, 26.27, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short ZK slightly near 26.27, target 24.79, Stop Loss @ 26.33. Details
The technical summary data is suggesting a short of ZK if it tests 26.27 with a downside target of 24.79. We should have a stop loss in place at 26.33 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 26.27, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Check the time stamp on this data. Updated AI-Generated Signals for Zeekr Intelligent Technology Holding Limited American Depositary Shares (each Representing Ten (10)) (ZK) available here: ZK.
ZK Ratings for November 07:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Neutral |
Strong |
Neutral |
| P1 |
0 |
0 |
14.66 |
| P2 |
24.79 |
24.37 |
20.56 |
| P3 |
26.27 |
28.22 |
27.78 |
AI Generated Signals for ZK
Blue = Current Price
Red= Resistance
Green = Support
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Our job as #investors is to pay attention to the #stocks we own. Part of that involves looking at the #fundamentals, but half of the disclosure comes from looking at price action. The Zeekr Intelligent Technology Holding Limited American Depositary Shares (each Representing Ten (10)) (NYSE: ZK) data table below can help you with price action, and we have more details too. Trading plans for ZK are shown here too; these plans are updated in real time for subscribers, where this report is static. If you want an update, or a report on a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for ZK:
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