If you've followed my previous post about
NKE you know I was eying a descending wyckoff accumulation schematic. We successfully anticipated the spring-phase and now I think there is a big chance the spring-test has been completed, or anyway will complete soon.
So long story short: next up is SOS-phase and expansion towards a 1.618 trend based fib extension. But I'm personally not looking to trade this and plan to keep this as a multi-year stock hold. That's not financial advise, that's just my personal plan.
So long story short: next up is SOS-phase and expansion towards a 1.618 trend based fib extension. But I'm personally not looking to trade this and plan to keep this as a multi-year stock hold. That's not financial advise, that's just my personal plan.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.