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Nike Inc. Cl B – approaching a support line that has been previously tested at least twice in the past

Nike Inc. Cl B is moving towards the support line of a Channel Up. 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 44 days and may test it again within the next 11 hours.

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