$NKE good Medium-Term entry (3/5)Conviction: 3/5
Hovering / bouncing off medium-term (2018) parallel channel support
Hovering / bouncing off short-term (2020) price level support
RSI-D looks like it is bouncing off from oversold levels
RSI-W approaching oversold levels
Risks
V expensive relative to own history, does not bode well for Long-term Returns
Expensive relative to market (e.g. S&P 500 P/S is 3ish)
Unimpressive growth
parallel channel support broken during 2020