sumanthduthu

Long on NIKE

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Nike (NYSE:NKE)  
NYSE:NKE   Nike
My way is trading is that I will focus on a minimum of 10%-15% of profits. The last trade which I took was "Morgan Stanley" and I achieved my criteria, so it was closed yesterday. Checking other patterns "NIKE" seems to be a wonderful choice to enter a trade.

Started accumulating at $105, it may go all the way to $100. But atm, I would say $105 would act as a strong support. Now focusing on our take profits, my first TP1: $117 and the second TP2: $127.

As always, please do your own analysis and trade wisely folks
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