$NKE TOP 20
Added 2024-01-29 00:25:17 +0000 UTCVery little changes this week but some sideways consolidation, unless the bulls can recapture the 0.618 Fib at $102, there is still a risk of this coming down lower to test the yellow line again which is a historical support line.
Also the 50 Day MA is likely to cross down through the 200 Day MA this week which is not a bullish signal, it can dip below but bulls will want to step in quickly before momentum builds.
I remain bullish long term for $NKE, they are market leaders for a reason, I would like to see them build their brand around another symbolic sports person agan......they need another Tiger Woods and Michael Jordan.
