I am starting to get concerned here with $NKE, we knew this was in an overall corrective wave but it has been struggling since before the market pulled back and the 200 Day MA is a resistance level here that has become stubborn.
So if you are holding, it is time to make a decision, do you wait and ride this one out and buy again in the buy zone or do you cut your losses and stay in cash and wait for this to come down lower.
If $102 is lost, I believe it can come all the way down to the previous low at $82.