sufiansaid

Nice NIKE trade

Long
Nike (NYSE:NKE)  
NYSE:NKE   Nike
I don't wear them, I don't buy them but I certainly liked what their charts looked like. Refer to the related ideas linked below to understand the trading system I used for this trade

I bought 10 shares. Stoploss is ATR x3.
When it reached 3R. I sold 5 shares and let the remaining shares to run until price close below the EMA cloud. Currently its running up to 11%

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.