PaperBozz

$NKE - potential for significant upside

Long
Nike (BATS:NKE)  
BATS:NKE   Nike
NKE Nike looks attractive to me as it has revisited the lower trendline. There is a risk that it could fall to $87.

However, considering the risk/reward ratio, the odds favor an upward movement from here.

Upside targets:
$97
$104
$110
$116

Risk:
$87

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