NKE down trend holding. NKE bouncing off 53.33 and holding. Bounce off 67.65 trying to hold. Down trend needs to break soon for price to get a chance to swing high. NKE has been bearen down for 3 years now. Wow. Targets 80, and if 80 breaks through 90. More supports/resistances to target if trend break.
NKE Nike is restructuring. It is suggested that price could go to $90 in the next year. They are focusing on Less online ordering and back to the basics and sports related footwear. Also plans to reintegrate with Dick's Sporting goods. Once that happens look for price to zoom. Heard it on Fox Business.