NIHD - Aggressive Driver Swing Idea
Since the end of Feb when NIHD's price was .60, NIHD has been
driving aggressively up the daily chart. With the price action
having doubled twice since then, previous candlestick resistance
at 3.01 and 3.30 is looking possible. Beware pullbacks in
price whenever the RSI is overbought. Those dips to the
20 MA could be buying opportunities, provided action doesn't
break below it.
Since the end of Feb when NIHD's price was .60, NIHD has been
driving aggressively up the daily chart. With the price action
having doubled twice since then, previous candlestick resistance
at 3.01 and 3.30 is looking possible. Beware pullbacks in
price whenever the RSI is overbought. Those dips to the
20 MA could be buying opportunities, provided action doesn't
break below it.