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NIKE - Gap Closure as First Target

Nike (NYSE:NKE)  
NYSE:NKE   Nike
Properly configured Fiboclouds provide support for reaching the first target by closing the gap.

If this projection is confirmed and a partial realization occurs at the first target, the stop loss should be moved from its initial position to the same line where the position was opened.

This way, the journey towards the final target will proceed with reduced risk of losses and the preservation of the partial gains achieved so far.

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