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NIKE, Inc. Message Board

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  • insect_insight insect_insight Jan 15, 2013 10:21 AM Flag

    Technical FAILURE at approx. 53.50 = NO surprise


    Looks like this NKE MEGA-bubble has stalled out this AM.....and exactly as I warned many many moons ago, it is now trading at the mid-point of its TECHNICAL CAP for 2013, with a MAXIMUM of approx 50 cents upside potential....juxtaposed against MASSIVE DOWNSIDE RISK!

    If I prove to be wrong about this empirical observation, I will leave this message board ASAP and cease posting here.....please note this post for future reference!!!

    But the BAD news for NKE BAGHOLDERS is that, in this kind of technical analysis, I am VERY VERY rarely wrong.....after all I made near PERFECT forecasts of the rare earth, gold, and silver COLLAPSE more than a year ago!!!

    This topic is deleted.
51.98+0.09(+0.17%)2:01 PMEDT