Nike
Short

NIKE: Continuation of Bearish Movement Ahead, Short Opportunity?

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Hello Fellow Global Stock Investor/Trader, Here's a Technical outlook of NIKE!

NIKE has broken out of Ascending Broadening Wedge. Furthermore, The MACD indicator created a Death cross, indicating potential bearish movement ahead.

All other explanations are presented on the chart.

The roadmap will be invalid after reaching the target/Resistance area.

"Disclaimer: The outlook is only for educational purposes, not a recommendation to put a long or short position on the Stock"
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