$NKE TOP 20
Added 2025-01-12 20:13:56 +0000 UTC$NKE has lost its final Fib support level so the next test is the July low at $70.75 and the price action is very close to this level.
The Covid Low is at $60, so this is as close to the bottom as i'll call it and it would offer incredible value at this level with a substantial margin of safety as a long term hold.
However, I think drifting down in this wedge is the likely direction if $70 is lost
So still no hold or sideways movement here yet so no accumulation in a consolidation period just yet.
