Panjang

NIHD - Keep Swinging for the $3 Fence

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NIHD - I've been tracking this stock since it took off in the .60's. After testing and re-testing the $3 resistance line, NIHD hasn't given up its bullish swing. It's a good play above the 7ma. Watch for dip buy opportunities as the RSI resets itself while in overbought territory. A healthy pullback to the 20ma isn't out of the question. An entry over the $3 mark is also a good point, whose break could signal a test of the $3.30 resistance line established by previous candlestick action.

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