$NKE we added this week, along with $OXY and $ABNB. Price came down to the middle blue line at $82 and the 0.618 Fib and has held so far
The 50 Day MA is very closely by at $80, so a test of this level can not be ruled out right now but I am seeing this move in an impulse wave and respecting Fib levels
$NKE is a core stock now for me and I will hold it for 3-5 years at least as long as the fundamentals show growth
I like their brand, their story and the new CEO