Nike reporting an 11% decline in North American sales in FQ3; however, it is currently in a rectangle that should protect against excessive falls.
There are many supply problems, but the analysts continue to see it as bullish.
Resistance should lock the price as the price is still far enough away. It should touch that strong resistance in an oversold condition.
https://www.cnbc.com/2021/03/18/nike-nke-q3-2021-earnings.html
There are many supply problems, but the analysts continue to see it as bullish.
Resistance should lock the price as the price is still far enough away. It should touch that strong resistance in an oversold condition.
https://www.cnbc.com/2021/03/18/nike-nke-q3-2021-earnings.html
LukkVal
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LukkVal
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.