jichen7777

nike may goes bad in future

Nike (NYSE:NKE)  
NYSE:NKE   Nike
I draw a red circle to exam if the price could break the line; however, it didn't. The price is waiting for a strong buying in present position. 9.29 is the starting day of contract between NKE and NBA. Let's see what will be going on . if nike colud not break my slop resistant (blue) line, it has a big opportunity going down.

On the other hand, sneaker game is totally change. Multiple color retro product will destroy AIR JORDAN situation. High-pay sponsorship with athletes is no longer working will; sneaker sale will be more close to fashion. an absolute example is the cancellation of 2017 all star line.




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