The breakout point of this recent move was at the low $1.80's...

The breakout point of this recent move was at the low $1.80's which was the level of horizontal resistance which proved the stumbling point for the share price on three occasions. For the breakout point to be re-tested is common, if not preferred to ensure a continued uptrend.

Below that, the horizontal line @$2.60 was acting as the pivot point for the recent trading range between $2.30 and $2.80. There is a lot of 'congestion' at this level.

It will not necessarily move down to these levels. The alternative scenario is that it now consolidates and forms a flag with it's pivot around the $2.90-3.00 mark. Currently there is a stack of buyers at $2.90, but these will be filled easily if the Ni price continues to pull back.

Bear in mind that the Ni price had gone parabolic, so it was always going to pull back; possibly all the way to the $8.30 mark.

Sorry, I am not able to post a chart.