Nike, The largest rising wedge you have ever seen?
Nike is about to break down from an enormous rising wedge. Just take a step back and look at the growth of the stock market from 2008, a recession is in the works, and it will not be pretty.
Good luck trading
-Trader A
Good luck trading
-Trader A
Note
Nike having good earnings is okay, Won't hold up when it breaks the trend though.
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