zAngus

NKE:NYSE - NIKE INC - Looking strong post earnings

Long
Nike (NYSE:NKE)  
zAngus Updated   
NYSE:NKE   Nike
Nike has been looking good after breaking through a previous resistance area and successfully retesting a previous support and resistance level. RSI and Buyer Interest (OBV) indicators both looking particularly strong. Worth a watch.
Comment:
Nice 12% run last night before falling back. Id be expecting a bit of a pullback to retest some of those levels and build a base. Never know though. Wider market was down 3% so if that rallies Nike might get caught up in the enthusiasm.


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