Nike(NKE) ... Time to leave the blocks ??

تم تحديثه
Nike (NKE) is worth watching for signs of (price) fatigue.

Two potential Harmonic bearish butterflies are forming.

One on the price and the other on the 14 day RSI.

The RSI matches a level of early January '23 when it rolled over before the price, creating a negative divergence condition

I will monitor and advise of any position taken.

Ideally I'd like to sell/cover in the $120 area and with a 80 RSI.

DYOD and pay attention to broader markets.

S
ملاحظة
As this market has a bid I am raising my suggested sell area to $122...

لقطة
ملاحظة
Short at $122 this am

لقطة
أغلقت الصفقة: تم الوصول لوقف الخسارة
Covered at just under $123.. still watching will reenter on broad market selloff and indicator rollover

لقطة
ملاحظة
Vindicated !!
لقطة
Chart PatternsHarmonic Patterns

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