Nike may rise to 98.50 - 100.50

Our pivot point stands at 88.3.

Our preference

Short term rebound towards 98.5.

Alternative scenario

Below 88.3, expect 85.1 and 83.2.

Comment

The RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the share stands below its 20 and 50 day moving average (respectively at 92.795 and 93.961).

Supports and resistances

102.4 **

100.5 *

98.5 **

96.6

91.77 (USD-last)

89.6

88.3 **

85.1 *

83.2 **

Number of asterisks represents the strength of support and resistance levels.