NKE remains in a strong historical bullish trend 📈 and has now reached a key support level, presenting a potential buying opportunity 🚀. A potential local double bottom is forming, and the price action is also developing a falling wedge pattern—both strong bullish reversal signals. Additionally, volume has been increasing over the past months, indicating growing accumulation and renewed buying interest. With a favorable 1/16 risk/reward ratio, this setup offers an attractive opportunity for a move back toward the all-time high 🎯.https://www.tradingview.com/x/ylKZ5Drr/
Trade closed: stop reached
Stop loss has been triggered. Looking to see what happens next.
Based on these ideas I trade personally. 📊 +6% made in 7 months! 🚀Check my stats and portfolio on eToro: etoro.tw/47ZBg2r
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.
Based on these ideas I trade personally. 📊 +6% made in 7 months! 🚀Check my stats and portfolio on eToro: etoro.tw/47ZBg2r
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.