Nike Inc. Cl B has broken through the resistance line of a Falling Wedge. It has touched this line at least twice in the last 7 days. This breakout indicates a potential move to 136.38 within the next 8 hours. Because we have seen it retrace from this positions in the past, one should wait for confirmation of the breakout before trading.
Nike Inc. Cl B has broken through resistance of a Falling Wedge. It has touched this line at least twice in the last 7 days.
