$NKE TOP 20
Added 2023-07-30 19:53:16 +0000 UTC$NKE remains my only red stock and I am just at -11% on it now, so it's not quite down enough for me to sell, usually at -15% I would consider trimming my position or selling....so I am sticking with it for now, it is my second smallest position, so I am in the camp of wanting to add more instead of selling right now.
The 50 Day MA crossing down through the 200 Day MA on the daily is my main concern here, so the share price needs to start making bullish moves quickly, in order to turn this around. If the price can get above $111 and hold, this is a very good start.
Comments
This needs better news from SBUX related China or Government stimulus announcement to push higher
Shailesh Patel
2023-07-31 23:46:19 +0000 UTCWhat level does it need to hold above? $115? And how quickly are we talking?
Steve Cullip
2023-07-30 22:22:36 +0000 UTC
