NKE is heading towards the support line of a Descending Triangle. If this movement continues, the price of NKE could test 75.0516 within the next 13 hours. 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.
Related Posts
A possible move on NKE as it heads towards support
A Descending Triangle pattern was identified on NKE at 76.14, creating an expectation that it may move to…
MSFT is approaching 426.8500. We expect either a breakout through this line, or a rebound.
A strong resistance level has been identified at 426.8500 on the 30 Minutes MSFT chart. MSFT is likely…
AMZN hits 208.19 after a 12.7% move spanning 18 days
AMZN has moved higher by 12.7% from 184.73 to 208.19 in the last 18 days.