o2degreez
Short

2degreez - NKE - Tough Short but a Short is a Short

NYSE:NKE   NIKE INC
NKE is a tough short but it appears ready for a short term retrace back down to the bottom of its current trend.
Info is labeled on the chart.

stoch , ttmsqueeze & macd overbought and appear exhausted and headed back down.

This Content is for informational and educational purposes only. This is not in any way, shape or form financial or trading advice.

Good luck, happy trading and stay chill,
2degreez
Comment: Short target entry @95 (786fib)
Trade active: BOUGHT NKE 19JUN20 94p 2.00
Comment: So hard to short anything in this market especially quality stonk. Lets see how we open. I run tight stops always so I will not be diamond hands on these puts. Will update with exit.
Trade closed: stop reached: NKE gapped up yest over the 786fib.

SOLD ALL OUT NKE 19JUN20 94p 1.50 -.50

Comments

Shorting opportunity if it cant go past $100.36
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out