MannyLo

Nike - Still Open Position

Long
Nike (NYSE:NKE)  
MannyLo Updated   
NYSE:NKE   Nike
Checking back in with Nike since our last analysis. If you check out our last Nike Post, the target hit our buy zone and we entered the position in the green rectangle on our charts. We're currently up around 5% on this one for a nice scalp trade if we wish to exit. Our initial target is still around $104-$105 mark. We're keeping a tight stop loss on this one in the profit already. Waiting to see if we dip back to our accumulation zone or take some profits.

Follow us and feel free to give us a like for more posts. Cheers!

Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor. I am an amateur investor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on here, expressed or implied herein, are committed at your own risk, financial or otherwise.
Comment:
Beautiful play on this one, Hit our $105 mark. We're placing a stoploss at $104 here to secure profits and will raise it if price continues to run with about a 2-3% room for a drop
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.