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Watching NKE to see if breaks the trend to reverse back to $58

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Nike (NYSE:NKE)  
NYSE:NKE   Nike
nke
I never liked $NKE above $65 but now that the downward trend has taken it down to $54 it will be interesting to see if it will start a reverse back to $58 or will keep heading south to below $52 and then below $50.

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