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Is NKE poised for gains? Crossed Above 20 Day Moving Average shows up after rising 3.72%
On Friday, July 10th, NKE moved up 3.72% while volume was to 0.9× the usual levels. Multiple bullish signals emerged — Crossed Above 20 DMA, Crossed Above 50 DMA & Directional Movement Crossover Bullish — suggesting potential strength ahead. Key support levels exist at 43.41, 42.45 & 41.84, with resistance at 44.98, 45.59 & 46.55.
Current SwingTradeBot Technical Rating of NKE: D
There’s more where that came from. See all of today’s signals for NKE here.
Read full article here »