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(Confessions of a Stock Operator)
​Start Date: 9/20/2018
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Be Like NIKE and Just Do It! 

2/15/2017

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Be Like NIKE and Just Do It! 

Is it time to buy?  Since hitting a high of $68.19 in December of 2015, shares of Nike ($NKE) has lost almost 20% of its value.  And with a low of $49.01 the week of Oct 31, 2016; many but all threw in the towel with this stock.

Since bottoming the week of Halloween; Nike has gained some footing, finally showing signs of life.

The stock has gained more than 10% since that week and just surpassed its 200 day Moving Average in a bullish manner. 
Is it time to buy?  Should we be like Nike and Just do it?  Or will this stock come crashing back down to earth like Under Armour ($UAA).
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    Tina "ShortMeTina" Ley (pronounced Lee) holds a Bachelor of Arts in Forensic Psychology and a Master's of Science in Mental Health Counseling and has been a stock market participant for over a decade.  Currently a Full-Time Trader and Blogger of all things financial.  ​

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This website is for information and illustrative purposes only. It is not, and should not be regarded as investment advice or as a recommendation to buy, sell and/or hold any securities mentioned.  All investments carry risk, there are no guarantees. Investors should consult with their advisers with respect to their investments.  Please read our full disclaimer here. 

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