The Best Areas to Buy Nike Stock

Nike stock has started a strong upward trend as a result of

consolidation that has been ongoing for nearly three months.

Expectations still point to a potential long-term upside move.

However, in the short term, we may see the stock decline again

to close the gap near the buying demand zones,

which are the most important and strongest buying zones at the moment.

The demand zones are located at the 63 level, as we can see.

We expect a rise from these zones to targets of 68.51 and 75.08.

However, if the upward trend continues immediately, 

we may see a test of the previous resistance zones, located at approximately the 82 level.