On the 4 hour chart, NKE is just about to dip below the moving average. This relative strength index shows that it is sitting high near 70. We should be expecting to see a sell signal relatively soon.
Disclaimer: I am not an expert, I am just starting to grasp meaning behind these indicators and by no means making recommendations. I trade at my own risk and so should you.
Disclaimer: I am not an expert, I am just starting to grasp meaning behind these indicators and by no means making recommendations. I trade at my own risk and so should you.
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.
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.