NKE long?

Discussion in 'Stocks' started by BBenterprises, Jun 29, 2012.

  1. Last time NKE missed earnings it found support ~15% lower and rallied intermittently for the following nine months. As NKE plunges toward the 52 week low I think it looks promising to buy at 85, 82.5, and 80 and then sell at 102.5, 105 and 107.5. Thoughts, opinions?
  2. Roark


    Never try to catch a falling knife.