Bullish indication on the 1hr chart where we can see that the 50 Day MA has crossed over the 200 Day MA to the upside and this is likely contributing to the strong performance from $NKE today, in what has been a volatile day so far.
We can see on this chart that when the 50 day crossed the 200 day before, it brought more upside and consequently, when it did the opposite, there was a lot more downside.
Gareth Neary
2023-06-26 18:07:59 +0000 UTCSLim
2023-06-26 18:07:23 +0000 UTC