NKE holding alright, buy target moved up from 56.6 to 59 area, still flirting with the daily sell zone, if 56.6 holds on a major Dow Jones down day then conditions are set for a move back into 70s.
NKE closed half of leaps at 200% gain, closed 80% of long position here for 10%, expecting some consolidation here and 59 for a week or so before pop back into VWAP; bear case we will retest 55 again.
NKE holding alright, buy target moved up from 56.6 to 59 area, still flirting with the daily sell zone, if 56.6 holds on a major Dow Jones down day then conditions are set for a move back into 70s.
