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NIKE (NKE) is Fast Approaching Major Support 2022-01-10

360MiQ 0

NIKE (NKE) plunged -4.2%, making it the worst S&P 100 constituent. It gapped down below the light blue 22-month uptrend line and MA200. The major support would be at the orange horizontal line at about $146. Failing this would likely bring NKE to about $127.

Also, more than 100 stocks crossed below MA200, including ASML and ABNB. Click the link below to view them:
360miq.com/screener?market=NYSE%20%2B%20NASDAQ&ma200=Close%20cross-under%20MA200

360miq.com/stockinfo?code=NKE

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