Nike has turned down in the trend channel, approaching its mean reversal. In the event that price reaches the mean reversal and the long term RSI starts to turn upwards, I will look for a long position, with target towards upper trend channel (ATH).
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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.