$NKE TOP 20
Added 2024-05-27 15:32:45 +0000 UTCThe 50 Day MA continues to dominate the direction of the price action and consistently behaves as a resistance level over the last 6 months.
Shorts are probably enjoying this reliability from the 50 Day MA too.
So when a breakout does come to the upside, it will be a strong indication that the trend has changed.
For now, bears and shorts are still in control and this has significantly broken away from the trend in the market.
