NKE: Bullish Setup with Falling Wedge & 1/16 Risk/Reward

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NKE remains in a strong historical bullish trend 📈 and has now reached a key support level, presenting a potential buying opportunity 🚀. A potential local double bottom is forming, and the price action is also developing a falling wedge pattern—both strong bullish reversal signals. Additionally, volume has been increasing over the past months, indicating growing accumulation and renewed buying interest. With a favorable 1/16 risk/reward ratio, this setup offers an attractive opportunity for a move back toward the all-time high 🎯.

https://www.tradingview.com/x/ylKZ5Drr/

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Đóng lệnh: dừng lỗ

Stop loss has been triggered. Looking to see what happens next.