Nike may rise to 90.50 - 95.50

66.6 is our pivot point.

Our preference

Short term rebound towards 90.5.

Alternative scenario

Below 66.6, expect 58.4 and 53.5.

Comment

The RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the stock is trading under both its 20 and 50 day moving average (respectively at 78.0535 and 87.4064).

Supports and resistances

100.6 **

95.5 *

90.5 **

85.4

74.86 (USD-last)

69.9

66.6 **

58.4 *

53.5 **

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