NKE 1H short

NKE is in an uptrend (EMA200 rising on the 1H chart) but there are multiple bearish jeddingen divergences (price vs. momentum), MACD crossed the signal-line and RSI is recovering from overbought levels - all these are indications that the price might fall a bit, before it's rising again.
Profit target is $58.83 (around the weekly pivot)

Trade closed: target reached:

Almost forgot this one ... target reached!