Nike may rise to 97.40 - 99.10

89.2 is our pivot point.

Our preference

Short term rebound towards 97.4.

Alternative scenario

The downside breakout of 89.2 would call for 86.5 and 84.9.

Comment

The RSI is below its neutrality area at 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 92.2795 and 93.12).

Supports and resistances

100.7 **

99.1 *

97.4 **

95.8

92 (USD-last)

90.3

89.2 **

86.5 *

84.9 **

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