After a corrective move, QIHU has found support at the Fibonacci Cluster around 85. Now it's heading higher with the master trend aiming for the 127.2% extension target of 100. The TTM_Squeeze has also fired long and its increasing squeeze-momentum (light blue bars) are supporting the idea of further upside potential. It's all setting up nicely for a good Risk/Reward trade.
Extension target 127.2%: 100
Extension target 161.8%: 104
Support cluster (stop): 84 - 85
