MagusTrading

NKE dumped after earnings, what next?

Nike (BATS:NKE)  
BATS:NKE   Nike
Analyzing NKE I find that the long term downtrend is still not managing to reverse, but is showing some signs.

Now I would look for what short timeframes do around the 88.66 level, if they do not become divergent there and break the low, I would look at 82.22.

If we do not have a clear weekly divergence there, it means NKE is not able to become bullish in the long term, and will dump further and further, until we print a real weekly div.
Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.