No changes to the $NKE chart either from the last few weeks, it has bounced aggressively and I suspect a pull back will come in at some stage but there is no update here and I still have Wave 1 slightly higher so it continues to follow the impulse count.
I suspect as this gets closer to Xmas and online discount season, this will benefit from a further increase in sales.....but we still want to see a pull back to confirm support from a higher low, this will be the real test of the impulse wave.
So far I am happy to see this bounce strong.