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CyberPC
Oct 17, 2017 10:23 PM

$NKE Shows it came off a bottom and is trending up now. Long

Nike, Inc.NYSE

Description

After it came off a bottom it show a possible reversal and confirmed it the following day.

Looking at a short term target of $54.00 and a longer term target of 56.50

Entry is a break of high $52.04 and stop loss $50.30

Using Magician's Indicator to find trend direction and trend strength.

Trade closed: target reached

Second target hit long before Black Friday - 8.5% gain
Could of tried for $57.00 but that seemed more risky.
It open lower the next day so for those that exited on target 2 good job.
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