$NKE TOP 20
Added 2023-10-01 20:03:46 +0000 UTCEarnings came out this week and the market really liked the recovery from sales in China and opened up 10% after the report.
This also happened at the yellow trend line too which is the covid low support line and from last October.
So I have added in the two possibilities now, both green impulse waves are a carbon copy of each other....and conveniently, the the top one is taken from the bottom one and we can see that Wave 2 tests the yellow trend line perfectly too.....this is not a coincidence.
$NKE still has more work to do, getting above the 50 Day MA which is just slightly higher is a good start and a retest of the trend line and holding would be bullish and a buy signal.
