Fundamentally NIU is one of the best electric scooter manufacturer brand in china, they increase sell in asia market every quarter of the year.
I have three price target for NIU
37 $ in the end of june
53 $ in the end of august
80 $ in the end of the year.
As i mentioned before
When there is a trend line between 2013 second peak and 2017 peak , and that line was broken in the february 2021. Now it works as support
Today bitcoin tested that line and price trying to stay above the line.
Under line means bitcoin is bull is over, over line means bitcoin bull continue.