Nike has performed really bad in the last 2 years and it looks like it will not get better. The current chart formation (i call it M-bounce, dont know the "official" name) indicates a strong sell Signal if the price falls below 103$
the potential fall height: 16% to the last low and 40% to the corona low
the potential fall height: 16% to the last low and 40% to the corona low
Comment:
the price didnt break through so this trade doesnt get executed.
Order cancelled