I am currently long. Went long on November 3rd @36.32. Will be taking out half of my current position at each of these Targets and will look to move my stop loss just below a new swing low when one pops up.
When I find one occurring right now, I will let post it to my idea page.
Another example of Nike hitting exactly the trend line. Would've bought at 120.9 and sold around 130 when it breaks below the trend line. Very reliable way of trading!
Chart explains it all.
Example of drawing a trendline from one set of lows to another then buying on the 3rd touch. Stronger the longer the time period is.