I see NKE hitting $133 no later than Friday, however... Technical analysis shows we are due for an imminent dip and it will be a hard dip, here's why.
Strong sell signals indicated by guth 3x triple confirm, which has pretty decent accuracy
D+ showing a red cloud above the candles indicating strong bearish divergence
Resistance has just been met as indicated by the Kurutoga cloud ( teal cloud beneath the candles )
MACD shows weakening bullish divergence
RSI is also pretty high compared to its previous low
My plan is to buy at open, let fall a few dollars and sell for a quick 50% profit.
Comment your thoughts below
Strong sell signals indicated by guth 3x triple confirm, which has pretty decent accuracy
D+ showing a red cloud above the candles indicating strong bearish divergence
Resistance has just been met as indicated by the Kurutoga cloud ( teal cloud beneath the candles )
MACD shows weakening bullish divergence
RSI is also pretty high compared to its previous low
My plan is to buy at open, let fall a few dollars and sell for a quick 50% profit.
Comment your thoughts below