SpinTrades

NKE over 143.05

Long
Nike (NYSE:NKE)  
NYSE:NKE   Nike
Looking at past price action, it tends to bounce ~7% after hitting the 34-50EMA cloud. We'll see if this type of analysis proves accurate. That lines up with this fib extension at 149.48, giving us a nice upside target. Entry point is drawn based on recent price action.

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