njacks

NKE Bullish Pennant

Long
Nike (NYSE:NKE)  
NYSE:NKE   Nike
Looks like a bullish pennant has been forming over the last few weeks since the gap up at the end of June. Clear resistance and support lines converging, I'm expecting it to breakout and follow the bullish trend. Looking at a price expectation at around 63.00 in the future.
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