Very nice bounce yesterday of +7.3% with the market, so I have added in the impulse wave count now which would be the ideal scenario for $NKE now to move.
I really like how the Wave 5 move aligns with the large white line which is the cycle 0.618 Fib and the 200 Day MA right now.
A new impulse wave also signals the start of a new cycle too for me
So I am very excited about this.
At this point, the ideal entry to add would be on Wave 4, which is a retest of the blue support Covid Low line at $60, after Wave 3 completes.
JG
2025-05-13 12:09:57 +0000 UTCRay
2025-05-13 12:03:46 +0000 UTCClaudio Abarca
2025-05-13 11:39:49 +0000 UTCKevin
2025-05-13 10:35:21 +0000 UTC