After big home run from $46 it topped at $80. Then it was sold off on bad earnings release and found bottom close to $71. Since then Nike formed nice Cup&Handle pattern and with recent price action it broke up handle and triggered entry at $76.50.
While I was writing this post it gapped up through $77 resistance after it delivered fiscal Q4 results. Now we have new poit of reference $77.70.
While I was writing this post it gapped up through $77 resistance after it delivered fiscal Q4 results. Now we have new poit of reference $77.70.
