Nike ST : as long as 71.32 is support look for 82.48

Our pivot point is at 71.32.

Our preference: as long as 71.32 is support look for 82.48

Alternative scenario: below 71.32, expect 67.61 and 65.39.

Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is below its 20 period moving average (74.66) but above its 50 period moving average (68.31).

Supports and resistances:

86.99 **

84.73 *

82.48 **

80.22

74.38 USD - last

72.78

71.32 **