Nike

Needs to close above X leg for cup/handle breakout

163
Nike is facing resistances from X leg, which was a previous support leg... This is not a confirmed breakout out til the handle breakouts above current resistances. For now, im monitoring this position, and remain neutral. However, overall market is looking bullish... wait for confirm breakout before proceeding w/ this position.

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.