**NKE** Nike stock, starting to rally off the 41.33 lower support area.
Long Trade
* Target 1: 46.58 Profit: 9.5% Stop/Trailing Stop: 41.12
* Loss: 3.3% P/L ratio: 2.9 : 1 - Good
* Target 2: 48.04 Profit: 13% P/L ratio: 3.9 : 1 - Excellent Extreme rally
BULLISH
* \[Positioning\] Intermediate trend bullish, Downtrend turned sideways, possible bottom.
* \[Positioning\] at support
* \[Timing\] Strong bullish 3 day candlestick pattern with Strong 3 day accumulation.
* \[Timing\] Average bullish 1 day moneyflow
BEARISH
* None
[NKE Nike stock chart](https://preview.redd.it/qfgyr5b30sfh1.png?width=1176&format=png&auto=webp&s=b49cd7e45775bb4d6882b469b5891b9b58cd66c6)