NKE - Nike

[helenquenet]

Looks to me like it's about to fall over, monthly, weekly and daily charts all seem to agree. Any comments?

[FTSE Beater]

Hi Helen

Here's my take on it:



Seems to be wedged in the channel at the moment. The whole number resistance at $68 looks like it could well push price down to the lower trendline

[helenquenet]

Confession, I've just made my first ever US trade in NKE, just by way of an experiment you understand! 16 mins for +22 points, these stocks really move don't they?

[linus71]

Originally posted by helenquenet
, these stocks really move don't they?

Would be kinda whacked if they wouldn't!

[helenquenet]

Hey, but Petal, I usually trade UK stocks, hence the amazement

[FTSE Beater]

Well I never!!!

HelenQuenet trading US stocks!!
It must be panto season

Yes Helen, they do move, and when they get going - they go fast