YouCanTradeYCT

Nike... Just "Trade" It ?

Long
NYSE:NKE   NIKE INC
Nike NYSE:NKE is trading close to its 21 day EMA . There could be potential for a bullish pullback near the 21 day EMA since its rally from the last pullback on September 22nd was quite successful. Of course, past performance does not indicate future results... We will continue to monitor NKE to see which way it goes.
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Comments

Hello guys, you caught my eye with this one I must say.

I wouldn't rely only on EMA, but if it goes much lower, I'd be comfortable taking some longs.

If you don't mind, I'd like to share my view on this with you:

Would appreciate your opinion. :)

Cheers,
-Dale
Reply
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