2degreez - NKE - Tough Short but a Short is a Short

NYSE:NKE   Nike, Inc
NKE is a tough short but it appears ready for a short term retrace back down to the bottom of its current trend.
Info is labeled on the chart.

stoch , ttmsqueeze & macd overbought and appear exhausted and headed back down.

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Good luck, happy trading and stay chill,
Comment: Short target entry @95 (786fib)
Trade active: BOUGHT NKE 19JUN20 94p 2.00
Comment: So hard to short anything in this market especially quality stonk. Lets see how we open. I run tight stops always so I will not be diamond hands on these puts. Will update with exit.
Trade closed: stop reached: NKE gapped up yest over the 786fib.

SOLD ALL OUT NKE 19JUN20 94p 1.50 -.50