Breaking barriers at 2.91 may bring NiHAO to 3.23

We saw NI found support at (NIHAO keeps on falling. Looking for support), or if start from around 1.48 then the retrace is about 38.2% fibo which leads us to speculate that price could reach 161.8% or even the 224%. Today it touch near 2.91 and if the bulls will continue to push the price up, we might see it near 3.23 per share. What we need to monitor tomorrow is the candlestick formation. If there will be a bearish pattern then it means the rally is only up to 2.91 for the meantime.

Caveat!

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