tradepatiently

NKE Entry, Volume, Target, Stop

Short
Nike (NYSE:NKE)  
tradepatiently Updated   
NYSE:NKE   Nike
Entry: with price below 96.55
Volume: with volume greater than 20.1M
Target: 87.57 area (this is an area, no guarantee it reaches this price, but you should be selling on the way up)
Stop: Depending on your risk tolerance; Based on an entry of 96.54, 101.03 gets you 2/1 Reward to Risk Ratio.

This SHORT swing trade idea is not trade advice and is strictly based on my ideas and technical analysis. No due diligence or fundamental analysis was performed while evaluating this trade idea. Do not take this trade based on my idea, do not follow anyone blindly, do your own analysis and due diligence. I am not a professional trader.
Trade active
Comment:
Closed 1/2 of my position.
Trade closed manually:
Closed my position to avoid earnings.

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