Sold another piece of $NKE as it runs into the declining 50sma. Will look to add back at some unknown point in the future. Said it was an investment and will hold final piece as such but is a trader.
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I sold another piece of $NKE as it runs into the decl 50sma, I will look to add back at some unknown point in the future. I said it was an investment and I will hold my final piece as such but what can I say? Im a trader
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Reasoning: Technicals
@Mr_Derivatives: recently weak names $NKE, $MCD, $TLT and $NFLX are all popping today.
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$NKE $MCD $TLT $NFLX
All the recent trashy names poppin’ today.
Reasoning: Technicals
@alphatrends says even though he believes $NKE has made a low, he sold 1/3 of his position (bought at $33) at $35.50. Risk management matters more than his conviction on the bottom. He prefers locking in some gains to avoid feeling foolish if it drops, and may rebuy lower if it pulls back. The quoted post notes he is long some for the longer term.
See original
Even though I believe $NKE has made a low, I sold 1/3 of my position (bought at $33) at $35.50.
Risk management matters more to me than my conviction on the bottom.
I’d rather lock in some gains and avoid feeling foolish if the stock drops back down. If it pulls back, I may look to rebuy what I sold at a lower price.
Reasoning: Technicals Specific
ICYMI
T@traderTVLIVE with
@tradertvneal and
@tradertvshawn earlier
$CEG $XBI $NVDA $NKE $MRNA $NFLX $STX $NBIS
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Reasoning: Technicals · Short term Specific
Price at post time (as recorded): $NKE 34.35
Fund flows or trade records mentioned in posts reflect only the account’s own claims, are marked “Per the post” and are unverified.