lauralea

C&H Earnings AMC

Long
Nike (NYSE:NKE)  
NYSE:NKE   Nike
It is always risky to trade on earnings so do your own research on this one!
This stock rose from the bottom in an ascending wedge pattern/irrational exuberance, but has fallen out of that wedge, just not quite as far as I would have hoped. It is also in an ascending triangle with some tough R at 105.6 (ish)
Hypothetical Breakout: 106
Stop below handle low: Under 93
Target 1: 121 to 132
Target 2: 164 to 175

Be safe!
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