kaareand

NKE more correction before long

Long
Nike (NYSE:NKE)  
NYSE:NKE   Nike
NKE should find its way down to the 61.8% fibonacci line, breaking below pitchfork support, before making its way back up to my entry target of $85 (78.6% fib). After that it should have regained enough strength to give it the push to 90. Volume needs to come back before a breakout through 90 occurs.

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