$NKE Drops amid Kaepernick news, but for how long?

4 בספט׳ 2018

NKE has fallen back down to its $79 support line. Looks like a nice selloff amidst the recent news, but I suspect Nike will easily bounce back and reach new highs. I am looking at $85-$90 as the new support line, especially with the holiday season near.

I'd love to hear other opinions and ideas on where you guys think Nike will go next.