NKE trade ideas
NKE - swing puts - pull back should follow soonStock is at resistance. Except for an overnight gap to all time highs, the stops would be over 100.25 (close before "V") and over 100.69 (5/28 high). Even if stock moves up to 103-105, it should turn down back to 94-96 range.
Check RSI and price on 30 or 60 min chart.
2degreez - NKE - Tough Short but a Short is a ShortNKE is a tough short but it appears ready for a short term retrace back down to the bottom of its current trend.
Info is labeled on the chart.
stoch, ttmsqueeze & macd overbought and appear exhausted and headed back down.
This Content is for informational and educational purposes only. This is not in any way, shape or form financial or trading advice.
Good luck, happy trading and stay chill,
2degreez