Nike Inc. Cl B has broken through a line of 139.81 and suggests a possible movement to 135.96 within the next 2 days. It has tested this line numerous times in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 19 days.
Big movement expected on Nike Inc. Cl B after a breach of 139.81
