Nike's stock rose in the intraday levels, with positive support from the 50-day SMA, coupled with the complete dominance of the main upward trend in the medium and short terms, scoring thereafter a profit of 0.21% in the last session, or 0.18 points, with a spike in trading volumes.
Therefore we expect more gains for the stock, targeting the resistance of 88.37, as long as it settles above 83.57.
Expected trend for today: Bullish