nabeel.kolia
Long

NIKE LONG

NYSE:NKE   NIKE INC
56 2 1
Nike             has pulled back to and rebounded off a very strong uptrend support level . Setting up a rally to the 58-60 region and a good risk to reward ratio
This looks more like a Bump and Run pattern followed by a continuation Bear Pennant.
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Actually a Bear Flag - not Pennant.
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