Nike - Short It
Short term pull back:
Technicals
-Having a hard time finding momentum to newer highs
- Buyers located around $97 might stop at $115
-Gap fill available
-Buy the rumor; Sell the News....always
Opinionmentals:
-DJI going through a healthy correction overall
-Over-valued in general
-Competitors slowly eating away at market share (Lulu lemon/adidas/underArmor.... arguable point)
-Decline in North American Revenue
- Portfolio managers looking for market weakness and want to take some money off table possibly.
Not Financial advise; I'm a contrarian at heart.
Technicals
-Having a hard time finding momentum to newer highs
- Buyers located around $97 might stop at $115
-Gap fill available
-Buy the rumor; Sell the News....always
Opinionmentals:
-DJI going through a healthy correction overall
-Over-valued in general
-Competitors slowly eating away at market share (Lulu lemon/adidas/underArmor.... arguable point)
-Decline in North American Revenue
- Portfolio managers looking for market weakness and want to take some money off table possibly.
Not Financial advise; I'm a contrarian at heart.
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.