$NKE has been battling, it has bounced above the previous low and it needs to negotiate through the 50 and 200 Day MA now to really turn this around.
We do not want to see another rejection at the 200 Day MA, if this happens, this could be coming down sooner than we would like.
Below the previous low is the trigger, at the red line.
If you are not comfortable holding this lower, make sure your stop losses are in.