NKE (Nike Inc) offers an objective short entry on this break below the lower-most trendline & will be added as an Active Short Trade around current levels.
NKE daily Oct 4th
The price targets are T1 at 75.96 & T2 at 69.95 with a maximum suggested stop of a daily close above 85.40. The suggested beta-adjusted position size for this trade is 1.0. NKE was highlighted as a short trade setup towards the end of yesterday’s video which can be viewed here.