rayfountain2

Nike - Possible Rising Wedge

Short
Nike (NYSE:NKE)  
NYSE:NKE   Nike
Nike has proven to be a decent hold the past 10 years (with exception of 2016 - 2017). Not many technical indicators to show and pending movements for Nike. However, there is a possible rising wedge that could play out and bring it back to the 200 EMA, or 2015 ATH support line - within the next ~3 months.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.