More Weakness for NKE
NKE has been getting hammered all year and in particular since the last earnings that led to the biggest single day drop in the stock's history. It hasn't been able to catch a bid since and is nearing the recent lows after breaking below this small descending wedge. This should lead to a further move down below the $75 area.
AP Academy Beta Registration Open:
ko-fi.com/advancedplays/tiers
Short Thesis:
advancedplays.com/short-thesis.pdf
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes.
ko-fi.com/advancedplays/tiers
Short Thesis:
advancedplays.com/short-thesis.pdf
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes.
Related publications
Disclaimer
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