- Nike is currently trading below the cloud of Ichimoku Kinko Hyo. With earning result will out on Thursday, we will expect the positive result from that and Nike can go up to the cloud.
- We expect the short term of Nike will be bullish after the earning result announce this Thursday. The price can go up to upper cloud with target price of 75.97.
- However, please be careful as Nike is still below the cloud which mean its still bearish until the significant signal of bullish already appear.
Disclaimer: This only for education purpose. Not a buy call or sell call from us.
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