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Matt_Feda
Aug 25, 2014 12:54 AM
$NKE - Setting up for breakout above previous resistance @ $80
Long
NYSE:NKE
1D
Nike, Inc.
NYSE
Description
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Aug 25, 2014 12:54 AM
Continuation wedge indicates breakout above $80 as the first move of a new elliot wave.
Look to use the 100 day SMA as a stop to leave a comfortable potential profit/loss ratio.
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