Ladies, you best understand the following FACT asap.....yesterday, in order for NKE to have proven any kind of genuinely "bullish" technicals, it would have had to gain at least FIVE PERCENT in stock price or at least $2.50 gain...that is because the average DOW stock gained around FIVE PERCENT yesterday.
Yet the rotten NKE BEAR doggie STRUGGLED to gain only 20 PENNIES yesterday and that is categorical PROOF that the stock is heading for a CRASH.
Nor is today's equally pathetic DEADCAT BOUNCE of approximately 50 PENNIES doing anything to
suggest a "bull" market continues in this moribund NKE joke. The NKE donkey would have had to jump at least TWO BUCKS today to even begin to suggest it maintains "bull" market action....and it sure as hell AINT jumping two bucks today, now is it??
LOL LOL LOL LOL LOL LOL
Ergo, it's a CONFIRMED BEAR in your beloved NKE and the coming SPILL is going to be so sharp that anybody who has only a pure long position without offsetting shorts or PUTS will be MASSACRED.
Ladies, don't blame me, I"m just the messenger of TECHNICAL REALITY, certainly NOT the creator of this OBVIOUS VICIOUS NKE BEAR.