20.02.2015 - The price of Nike is corrected within the channel

Nike's stock price continued to decline inside the descending channel. In case of breaking through the support at 91.30, we expect further decline to 88.00 and 84.00. Change of the downtrend is possible in the case of fixing above 100.00. In this case, we can expect growth to 112.00. We forecast a drop in the near future, but the medium-term outlook remains positive.

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