JFD_Research

Nike Inc - Daily - Just "Sell" It ?

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Nike (NYSE:NKE)  
NYSE:NKE   Nike
Trade Alert

It not be too late yet to catch a bit of that downside move. The stock has now shifted below the 200 EMA, which could be seen as bearish sign, at least in the near term. Also, the share price keeps forming lower highs, which is also not supporting the bullish scenario for now.

Please review the chart for the potential target levels.

Always have your SL in place.
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