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Nike Inc. Cl B is quickly approaching 163.82. We expect either a breakout through this line, or a rebound.

Nike Inc. Cl B is heading towards a line of 163.82. If this movement continues, we expect the price of Nike Inc. Cl B to test 163.82 within the next 13 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.

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