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nabeel.kolia
Sep 23, 2016 6:56 AM

NIKE LONG Long

NYSE:NKE1D
Nike, Inc.NYSE

Description

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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
Comments
dudertino
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Actually a Bear Flag - not Pennant.
dudertino
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This looks more like a Bump and Run pattern followed by a continuation Bear Pennant.
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