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Friday, March 31, 2017

Despite the Drop, Bullish Tailwinds Continue to Prop Nike Stock

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Brightcove-Stock-300x180.jpgNKE Stock: Reaffirming Support
The new "HyperAdapt" self-lacing sneaker is what originally drew me to Nike Inc (NYSE:NKE). This technological breakthrough is long overdue, and I cannot wait for this technology to finally hit store shelves so I can do away with laces for good. The vision of not tripping over my own laces is what drew me to this name, but it was the NKE stock chart that really piqued my interest.

On March 22, 2017, Nike stock suffered a bit of a setback after it reported a disappointing earnings quarter. This news sent.

The post Despite the Drop, Bullish Tailwinds Continue to Prop Nike Stock appeared first on Profit Confidential.



March 31, 2017 at 04:23PM

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from Patrick Brik, BAS

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