Invisible-Hand

NKE Short Idea

Short
Nike (NYSE:NKE)  
NYSE:NKE   Nike
Nike has recently blown past the 140-150 range and is sticking to the 160-162 area. The bearish divergence on the RSI, paired with the extended range above the 20 EMA, and the visible range showing potential cash out, means I am short looking to profit in the 155 range.
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