nike long idea
Updated
long position on nike ,
although I realize that opening a position in the middle of a triangle is not at all ideal, I could dare to anticipate a head and shoulder pattern with a target close to the maximums, obviously the uncertain situation on interest rates could influence the trend.
In any case, I believe that Nike is undervalued and it doesn't seem like a risky purchase to me on the long run .
although I realize that opening a position in the middle of a triangle is not at all ideal, I could dare to anticipate a head and shoulder pattern with a target close to the maximums, obviously the uncertain situation on interest rates could influence the trend.
In any case, I believe that Nike is undervalued and it doesn't seem like a risky purchase to me on the long run .
Trade closed: stop reached
godd earnings bad guidance and ... gone
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