2021 account is growing! Mega portfolio includes some options trading to generate some cash to invest in common stock and I see a perfect opportunity here with NKE. Based on Mondays performance we can see that bullish strength is weakening based on the MACD.
RSI also shows room for decline to 50 or lower, while there is a sell signal on 3x confirm. D+ shows growing bearish divergence so strong that I believe it will break below the support level of $136.26 as indicated by the Kurotoga Cloud. I am giving 4 days for NKE to hit $125 a share.
Like if you agree or like the analysis overall, and comment your thoughts below.
RSI also shows room for decline to 50 or lower, while there is a sell signal on 3x confirm. D+ shows growing bearish divergence so strong that I believe it will break below the support level of $136.26 as indicated by the Kurotoga Cloud. I am giving 4 days for NKE to hit $125 a share.
Like if you agree or like the analysis overall, and comment your thoughts below.