21.08.2014 - Nike continues to consolidate within the triangle

The price of Nike company continues to grow gradually within the triangle. Price fixing outside of the triangle will be a signal for opening positions. We recommend buying shares of the company with a target level of 90.00 after fixing the quotes above 80.00. Short positions should be opened in case of fixing the price below 76.00. Target levels in such case will be 74.00, 72.00 and 70.30. We forecast growth in the share price in the medium term.

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