Dienstag, 3. Juli 2012

NKE - Shorters darling!

The quarterly report by Nike tumbled their shares downward. Its always the same game; the earnings are good, but Fund Managers are pressing the NKE shares down after market close on earnings release. So they can buy back these shares at lower levels.

Lets take a look on NKE:

Shorters loves this share for small bear raids, but fact is, NKE is a Recovery Master

My plan:

Entry Point: 90.28
             Position close @ 95.85
Zurich, 03.07.12 - R.Stocker