Nike Inc. Cl B has broken through the resistance line which it has tested twice in the past. We have seen it retrace from this line before, so one should wait for confirmation of the breakout before trading. If this new trend persists, a target level of around 120.19 may materialize within the next 2 days.
Related Posts
PYPL – approaching a support line that has been previously tested at least twice in the past
PYPL was identified at around 68.01 having recently rebounded of the resistance on the 1 hour data interval.…
GOOGL seems to be on its way to resistance – a possible opportunity?
A strong resistance level has been identified at 197.9200 on the 1 hour GOOGL chart. GOOGL is likely…
A possible move on CVX as it heads towards resistance
CVX is moving towards a resistance line. Because we have seen it retrace from this line before, we…