Nike Inc. Cl B is moving towards the resistance line of a Triangle. Because we have seen it retrace from this line before, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 18 days and may test it again within the next 2 days.
Related Posts
Could a large bearish move on MSFT be a sign of things to come?
An unexpected large move has occurred on MSFT 1 hour chart beginning at 446.63 and ending at 414.82.…
CVX seems to be on its way to support – a possible opportunity?
CVX is heading towards a line of 155.2000. If this movement continues, the price of CVX could test…
INTC experienced 5 consecutive daily bearish candles to reach a price of 19.7700
Trend followers are probably eagerly watching INTC to see if its latest 5 consecutive candles continues. If not,…