NKE Has Strong Rebound

Nike rebounded from a steep sell-off, to gap and run up. The support for the rebound is prior months’ highs. Stock indicators turned positive. However, resistance is stronger against the rebound candlestick pattern.

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Candlestick AnalysiscandlestickpatternChart PatternsgapmonthlyhighnikeNKEreboundSELL-OFFstrongresistancesupportTrend Analysis

Martha Stokes, CMT
ttrader.im/tv-candlesticks

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