RealMacro

NKE Key Break

Short
Nike (NYSE:NKE)  
RealMacro Updated   
NYSE:NKE   Nike
Multi-year Channel Breaking key area at $120 last time this broke we were in a recession and then Covid hit.
A reminder the US entered a recession PRIOR to covid in FEB 2020. most don't know that. Will this time be
different? Do we need a recession for stocks to drop? I will answer these questions in the next video.
Comment:
Still bearish
Comment:
Nothing has changed. Still bearish after a year plus.


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