The Long Investor
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$NKE TOP 20 & TOP 10
🕑 Added 2025-02-23 16:53:03 +0000 UTCSharing the weekly chart again here because I believe it offers the most significance in terms of price targets here
We can see that the 50 WMA aligns with the top of the Buy Zone, at the blue line at $82
And the 200 WMA is at $113, showing how undervalued technically $NKE is right now.
I believe $NKE in the Buy Zone should be respected and after descending in this wedge for a number of years, there could be a strong breakout once this price goes above the $84 breakout level and we can confirm the reversal.
