Nike may rise to 100.30 - 102.10

Our pivot point is at 90.7.

Our preference

Our next up target stands at 100.3.

Alternative scenario

Below 90.7, expect 87.9 and 86.1.

Comment

The RSI is above 50. The MACD is above its signal line and negative. The MACD must break above its zero level to trigger further gains. Moreover, the stock is above its 20 and 50 day moving average (respectively at 92.5375 and 92.744). Finally, Nike has crossed above its upper daily Bollinger band (94.54).

Supports and resistances

103.8 **

102.1 *

100.3 **

98.6

95.05 (USD-last)

91.9

90.7 **

87.9 *

86.1 **

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