SamSuka
The Long Investor
The Long Investor

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$NKE TOP 20

Continues to be my one and old stock that I am down on. With $PFE just flat in my portfolio.

I still believe in this company but it is my smallest holding and makes up less than 3% of my entire portfolio, that doesn't mean I like even having one red mark on my portfolio.

The impulse wave is still valid but the moving average is concerning me slightly, as we can see the 50 Day MA moving down to the 200 Day MA on the daily, this could be a bearish cross shortly if $NKE can not turn this around quickly.

For me, I want to add more soon but I want to see more momentum to the upside first. If I do not see this, I will wait and add in the buy zone under $82.

$NKE TOP 20

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