Deleted User
1Yr
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@Piotr you look at areas where the price has turned very often. There are often strong buyer zones but below then often also some SLs. Therefore, I am very cautious below 83$ and if the zone at 96$ does not hold, it could go down quite quickly to 83$.
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@MitVerstandzumKapital or for people like me, who have less idea about support and resistance lines, you could also look here quite well: https://www.marketscreener.com/quote/stock/NIKE-INC-13739/graphics/ 🙂
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Deleted User
1Yr
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@Piotr It would surprise me very much if we would bounce now :) Am rather stronger bearish already for several weeks.
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@Piotr I have not determined the zone exactly to the cent. Besides, it's always zones and not exact points. That's why I'm personally not a fan of such precise statements. If I say around $96 and around $83, we are not that far apart. Could have looked a little more closely, of course. But for me, that's usually enough as an indication. So very roughly sighted.
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@MitVerstandzumKapital I do not like the levels. Also the monthly structure is bearish and for me it looks like new lows. But let's see when we get a bullish confirmation. I have Nike aufjedenfall on the screen