dchua1969

Inverse Head & Shoulder pattern for NKE

Long
Nike (NYSE:NKE)  
dchua1969 Updated   
NYSE:NKE   Nike
If the price fails to rebound from current support level at 101.85, then it is going to revisit 89.10 and possibly form an inverse H&S pattern at 78 price level before rebounding. Buy in tranches as nobody can predicts how the market will behave
Comment:
bought some last night !
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added more last nite as it has closed above the resistance turned support line
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added more last night
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Those who have yet to go LONG can wait for pullback to 115 price level
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praise God
Comment:
added more last night
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