$NKE TOP 20
Added 2024-08-25 18:48:45 +0000 UTCNo pull back yet for $NKE, Bill Ackmans buy is still carrying a bullish wave with $NKE and the price is close to its 0.78 Fib now at $85.
I suspect a pull back will come shortly
Earnings is not out until the 3rd week of Sept possibly and with Sept being a notoriously difficult month, I suspect we will get a pull back here to at least the 50 Day MA, which is still trending down to the 0.5 Fib now at $77.
If you like $NKE, then this is the area to add or start a position.
Comments
I do like having Nike as part of my portfolio. However, I do have some concerns about their long-term growth potential. Companies like ONON are taking away market share, especially abroad. Thoughts?
Krishna
2024-08-25 19:18:35 +0000 UTC
