Either a rebound or a breakout imminent on Nike Inc. Cl B
Nike Inc. Cl B is heading towards the support line of a Channel Up. If this movement continues, we expect the price of Nike Inc. Cl B to test 82.67 within the next 2 days. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.
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