$NKE TOP 20
Added 2024-04-21 18:51:25 +0000 UTC$NKE needed to hold above $88 and boy did it and its had a very strong bounce.
The price did not manage to hold above the historical yellow support line but certainly held well this week compared to the market.
The 50 Day MA will be a massive test here above, we can see that since Feb, it has rejected a number of times trying to get above this level and continued to drift down, one more rejection and this should move back down and into the bear case I believe below $88.
Under $82 is the buy zone for me.
