Nike ends cautiously higher - Analysis - 10-03-2021
Economies.com
2021-03-10 12:45PM UTC
Nike's stock (NKE) rose 1.03% in the last session amid negative signals from the RSI, while hurt by piercing the main upward trend line recently, with negative pressure from the 50-day SMA.
Therefore we expect the stock to decline and target the important resistance of 122.18, provided the resistance of 136.25 holds on.
Expected trend for today: Bearish
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