Nike Shares Surge on Surprise Sales Growth—Monitor These Key Stock Price Levels

Source: TradingView.com Key Takeaways Nike shares jumped Wednesday morning after the sports apparel and equipment maker posted surprise sales growth and topped Wall Street’s earnings expectations. Over the past month, the stock has traded lower within a falling wedge but looks set to break out from the pattern. Investors should watch important overhead areas on Nike's chart around $80, $90 and $98, while also monitoring major support levels near $71 and $63. Nike (NKE) shares jumped in early tradi ...