Fri, Mar 6, 2015, 12:18 AM EST - U.S. Markets open in 9 hrs 12 mins


% | $
Quotes you view appear here for quick access.

Nike, Inc. Message Board

  • insect_insight insect_insight Jan 15, 2013 4:36 PM Flag

    NKE closes above 53.50 = possible return to bull market?


    I will admit one thing.....when NKE managed to close today above the midpoint in its seemingly solid technical resistance point, then that is a bullish technical development that does raise the possibility that NKE remains in a bull market.

    I am a technical trader, I look almost entirely at TECHNICAL stock movements, with very little concern about the fundamental factors.........and today's NKE action calls into question the bearish evaluations. I stated I would cease posting here if the TECHNICALS were to prove me wrong, and so I will.

    That said, I believe NKE began the year very weakly and bearishly so whether it resumes its bull in full force is probably dependent upon whether a surging DOW can lift it further, given that on the first day of the year, it did ignore a strongly rising DOW.

    This topic is deleted.
98.46+0.94(+0.96%)Mar 5 4:00 PMEST

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
Geron Corporation
NASDAQThu, Mar 5, 2015 4:00 PM EST
AbbVie Inc.
NYSEThu, Mar 5, 2015 4:02 PM EST
YY Inc.
NASDAQThu, Mar 5, 2015 4:00 PM EST