Nike may rise to 100.20 - 102.10

Our pivot point stands at 91.2.

Our preference

The upside prevails as long as 91.2 is support.

Alternative scenario

Below 91.2, expect 88.4 and 86.6.

Comment

The RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the stock is above its 20 and 50 day moving average (respectively at 92.719 and 92.6332).

Supports and resistances

103.8 **

102.1 *

100.2 **

98.5

94.74 (USD-last)

92.3

91.2 **

88.4 *

86.6 **

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