Nike may rise to 102.50 - 104.20

93.1 is our pivot point.

Our preference

The upside prevails as long as 93.1 is support.

Alternative scenario

Below 93.1, expect 90.3 and 88.5.

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 94.335 and 93.5542).

Supports and resistances

106 **

104.2 *

102.5 **

100.7

97.18 (USD-last)

94.3

93.1 **

90.3 *

88.5 **

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