NikeShort
Nike has no upside
-NKE has gave us confirmation that we are in a W3 and still looking for more downside. We saw rejection from the W2 off of the .5 fib level and have since been in a decline. I have drawn a blue line where I want to see price break though and keep heading lower.
I would stay away from Nike for now as it plummets.
I would stay away from Nike for now as it plummets.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.