NKE
Short will get you new kicks.
Nke resumed it uptrend May 2020 but topped out at 175.
After double topping out at 175, price has come crashing down.
Price has now ben building up at support area of 142.55
Price is under and respecting 20 ema confirming the down move.
We also now have a death cross occurring with further signaling the bear market for NKE
Entering short trade
Entry: 142.49
Stop loss: 150.96
Target : 130.54 – RR ration 1.41
Short will get you new kicks.
Nke resumed it uptrend May 2020 but topped out at 175.
After double topping out at 175, price has come crashing down.
Price has now ben building up at support area of 142.55
Price is under and respecting 20 ema confirming the down move.
We also now have a death cross occurring with further signaling the bear market for NKE
Entering short trade
Entry: 142.49
Stop loss: 150.96
Target : 130.54 – RR ration 1.41
Trade closed: target reached
Exit: 131.24 - +7.90% RR ratio 1.33
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.