Nike
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Nike short? Strong negative chart formation

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Nike has performed really bad in the last 2 years and it looks like it will not get better. The current chart formation (i call it M-bounce, dont know the "official" name) indicates a strong sell Signal if the price falls below 103$

the potential fall height: 16% to the last low and 40% to the corona low
註釋
the price didnt break through so this trade doesnt get executed.
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