MaryJane
Long

Nike - disillusionment after downgrade...

NYSE:NKE   NIKE INC
233 0 51
Nike             started ewak after the latest downgrade.
In the today's opening range about 54. 00 USD is a considerable horizontal support in the form of the present annual low and the longterm trend channel`s bottom edge.
If Nike             can defend the longterm trend and reenter it, a shortterm buying Signal can apear.
Prices below 52.85$ can cause the next downwave.
Trade active: illustrated Long Position opened - nike reentered the longterm uptrend again....let`s see
Trade closed: stop reached
Trade active: shortside triggered
Trade closed: stop reached
Trade active: again triggered the longside..next fictive example-longposition opened
Comment: reached tp1/tp2/tp3
Trade closed: target reached
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