NKE
📉 Nike’s stock is currently situated at an interesting technical support level on the weekly chart.
⚠️ The stock remains in a clear overall downtrend, indicating underlying weakness.
📉 Losing the current support level could trigger a significant further decline in the stock price.
@marcosemmimfp:
“¿Ves? Acá, por ejemplo, Nike está en una zona de soporte interesante en un gráfico semanal e y no debería de perder esa zona. Estamos en una tendencia bajista, claramente, pero de perder esta zona te vas mucho más para abajo.”
Watch the exact part of the video where @marcosemmimfp talks about Nike here:
Watch the video on YouTube
Read more articles analyzing Nike (NKE) at the provided link. NKE stock.