this is a nice tech. pull back where it will consolidate and finish this cup and handle formation before it breaks out above $80 in coming weeks. Great entry point here.
Sentiment: Strong Buy
I've been watching NKE for several months now and decided I want to own this one. I had a limit order to buy just below the 50 day SMA tpday. I was a bit surprised it filled and also that it didn't end up closing above it. In any case, this will be a core holding for me and I will accumulate on any further significant moves down - next buy will be at the 200 day SMA if it gets there.