Nike
Long

Buying Nike at trend of higher lows.

Nike - 30d expiry - We look to Buy at 104.54 (stop at 100.74)

The trend of higher lows is located at 104.50.
The primary trend remains bullish.
This is currently an actively traded stock.
This stock has seen good sales growth.
Dips continue to attract buyers.

Our profit targets will be 114.04 and 116.04

Resistance: 110.85 / 114.76 / 117.00
Support: 107.00 / 105.00 / 102.90

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Support and Resistance

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