Nike
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NIKE - Just Do it

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Looking for a long term long position.


Four years of gains wiped out.


Looking to retest COVID lows - look for a base before going long.


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Under closer examination where price has stopped looking at 4 hour chart there is a gap at going down to about $72.75

Likely as people line up to buy at $76, they will stop people out by dragging it down sub $73.00.

Set alert and wait for confirmation on even lower time frame.
Trend Analysis

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