NKE I posted on March 31 that Nike R/R looks attractive. Since then Nike chart showed resilience come back that defied recent interest rate worries and geopolitics.
The oscillators are also turning up signaling sentiment change. If it can break out of that descending wedge, it can run further to the upside.
The price targets from Mar 31 post unchanged.
Upside targets:
$97
$104
$110
$116
Risk:
$87
I am not a licensed professional. None of the posts that I published are investment advice. Do your own research.
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.
I am not a licensed professional. None of the posts that I published are investment advice. Do your own research.
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.