NikeLong
NKE - Long
From an Elliott Wave perspective, it looks like NKE could have a nice upward move in the coming days/months after a three-wave decline since February 2023. Not only did the correction almost reach the end of the previous wave 4, we can see an island reversal on the daily chart after the low of 102.69 was reached. As long as we are trading above this level, odds favor a recovery.
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