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Nike
Short

Could mixed earnings report help Nike downside?

By NomolosAI
Updated
Nike's highly anticipated earnings report could set the stage for a short-term correction with long-term highs of $140 being estimated by investment bank analysts.
Note
Poor Nike report creates strong gains with long positions now initiated at $115 targeting $140. The profit generated from the down-move can now be re-deployed into a long position targeting $140.
Earnings
NomolosAI

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