WILL NIKE BOUNCE HERE AFTER FOOTLOCKER EARNINGS DRAGS IT DOWN?
NKEWatching to see if it holds this $114 level and 200sma on the daily which is at $113
Sold off due to FootLocket(FL) earnings which were terrible and NIKE IS NOT THE SAME COMPANY AS FOOTLOCKER!
Saw bigger volume come in on Friday with buyers so want to see if that continue and if we can get back to $118 level.
June and July Calls were loaded and are still being held by flow so will watch this closely.
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