On the daily chart of Nike shares a bearish signal was formed - "Saucer" (beginning of the red zone one the AO indicator). Also, according to Elliott waves structure, the 5th wave should complete the current bearish trend. Going short in case of yesterday`s low breakdown.
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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.