Some will not like $NKE and choose $ONON instead and I don't see any issue with this.
If you did not add on the 0.618 Fib at $39 or lower at $35, then I believe waiting until the 50 and 200 Day MA is recaptured at $50 to add makes the most amount of sense here.
A hold above this level and $55 is next for me.
If the bulls can recapture this level then, we could be looking at a very strong 12 months ahead and run up to $96 to complete the technical set up.
Chris H
2025-04-23 17:54:25 +0000 UTC