ONON - will it start to fill this triangle
Updated
Spectacular earnings growth combined with the volume profile I feel this company should start to break out next year as the macro situation improves.
I personally love the brand and have many of my friends wear their shoes. They claim Premium price, profitability should be higher.
No position yet, but keeping an eye on how it develops over the next few months.
I personally love the brand and have many of my friends wear their shoes. They claim Premium price, profitability should be higher.
No position yet, but keeping an eye on how it develops over the next few months.
Trade closed: stop reached
I cut the whole position yesterday for a small gain. Didn't like the price action at the resistance. NKE ER reaction not good. Now will watch for the support near the pennant trendline support.
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