The Long Investor
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$NKE TOP 20 & TOP 10
🕑 Added 2025-03-16 20:35:28 +0000 UTC$NKE finished the week on the 0.78 Fib, we were watching to see if the 0.618 Fib would hold but it could not with the market weakness and needed a lower Fib to test.
Impulse Wave is still in place but bulls really need to start stepping in and the blue line at $70 is important, losing this level and a lower low is a strong possibility then.
I have not been accumulating yet because I have not seen support and I will have no issue once I see a higher low come in so until then, I will be waiting to accumulate.
They release their earnings after the close on Thursday, this could be the catalyst for $NKE, again people will be waiting to hear the guidance and words from the new CEO.
Comments
David Köster
Hey Cap, could you publish an update on NKE?
