– Nike reversed from powerful support level 88.50
– Likely to rise to resistance level 95.00
Nike recently reversed up with the daily Morning Star from the powerful support level 88.50, which also stopped the extended downtrend in September of 2023.
The support level 88.50 was strengthened by the lower daily Bollinger Band and the support trendline of the daily down channel from January.
Given the strength of the support level 88.50 Nike can be expected to rise to the next resistance level 95.00 (former minor correction high from March).
This week, we’re tracking the US Dollar’s powerful climb following Trump's victory, hitting a crucial…
Next week, several countries including Canada, the UK, and Japan will release their estimates of…
Investors have been selling off gold, with this week's drop being the largest in three…
The Hang Seng Index has fallen 20% from its peak, marking the start of a…
The S&P500 reached the 6000 mark but faced resistance due to fatigue and dollar appreciation.…
The crypto market has continued to cool down for the third day, with a 1.7%…
This website uses cookies