NIU has bounced up from its low of $2.57 in October.
BUT in early December, it tried to break $6 and failed. Then we had a couple weeks of consolidation. So far this year, we've tried to break above the previous 2-week candle, but it has failed so far.
I venture that by the end of January, we'll breach the previous 2W candle's low ($4.62) AND continue downward.
I have to reason to target $4 exactly; in fact I'm kind of expecting it to breach last year's low ($2.57) in the next six months.
액티브 트레이드
I own a single Feb17’22 7.5p contract on this. Breakeven is $5.
매매 수동청산
I took some heat on this trade but held, and sold the option on February 10.