NKE The weekly chart of Nike (NKE) at $67.67 displays a bearish bias within a descending channel, with the price testing the lower trendline. The analyst targets a breakdown, aiming for 60$ (Target Price 1) and $49.65 (Target Price 2), supported by consistent lower highs and lows, with RSI at 41.67 indicating potential for further downside.
no pain, no gain
Unveiling illusions, revealing wealth
Unveiling illusions, revealing wealth
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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.
no pain, no gain
Unveiling illusions, revealing wealth
Unveiling illusions, revealing wealth
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.