Nike Short (Daily)
Stoch RSI well oversold, looking to bearish cross
Reached .5 fib retracement as well as near top of bband
Volume not convincing, but not "bad" either
Expecting slight move upward to ~$79 before retracement to ~$75, and possibly further down to bullish OB @~$72.50
Reached .5 fib retracement as well as near top of bband
Volume not convincing, but not "bad" either
Expecting slight move upward to ~$79 before retracement to ~$75, and possibly further down to bullish OB @~$72.50
Trade closed: target reached
Target reached :)On the money + some. Beautiful.
Expecting a bounce here after ranging in OB for few days
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.
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.