PaperBozz

$NKE - Showing resilience

Long
Nike (BATS:NKE)  
BATS:NKE   Nike
NKE I posted on March 31 that Nike R/R looks attractive.

Since then Nike chart showed resilience come back that defied recent interest rate worries and geopolitics.

The oscillators are also turning up signaling sentiment change. If it can break out of that descending wedge, it can run further to the upside.

The price targets from Mar 31 post unchanged.

Upside targets:
$97
$104
$110
$116

Risk:
$87

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