2degreez - NKE - Tough Short but a Short is a Short

NKE is a tough short but it appears ready for a short term retrace back down to the bottom of its current trend.
Info is labeled on the chart.

stoch, ttmsqueeze & macd overbought and appear exhausted and headed back down.

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Good luck, happy trading and stay chill,
2degreez

Yorum:

Short target entry @95 (786fib)

İşlem aktif:

BOUGHT NKE 19JUN20 94p 2.00

Yorum:

So hard to short anything in this market especially quality stonk. Lets see how we open. I run tight stops always so I will not be diamond hands on these puts. Will update with exit.

İşlem kapandı: durdurma seviyesi:

NKE gapped up yest over the 786fib.

SOLD ALL OUT NKE 19JUN20 94p 1.50 -.50