Market_Psychology

Bull Divergence Could be bottoming?

NYSE:NKE   NIKE INC
28 0 1
Bear divergence indicates that NKE             stock cold be bottoming. However, Price did fall bellow Support at 53 with moderate volume . It could just be testing the "neckline" before resuming down trend. I am staying neutral for now, and will wait and see how price reacts to earnings before entering a trade.
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