S&P 500 Falls + Nike Price Target Drops

3월 15일

This is probably not a good time to buy a stock because SPX
is falling down in performance.
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Sadly am seeing many people in the trading community entering trades
late into the market open on intraday trading strategies on which
I have no experience in.
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This type of mindset leads you to buy from the top in a bag holding
stance or best case scenario a sideways market which is the worst feeling
ever.
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I don't like buying flat markets without a catalyst because the catalyst
causes the price to move.
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• Nike Price Target Drops To $125
  

According to the breaking news tab right here on Trading View you will see that
analyst from Citi Group is suggesting a drop in price target from
$135 to $125
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This is a heavy bearish sentiment which is very much in alignment with
the current state of the market.
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• S&P 500 Is In A Downtrend
  

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This is all over the headlines and sadly it's true the market
is tanking and bitcoin BTCUSDT followed suit
even though its recovering slowly the point is it crashed as well.
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• Citi Group Cuts Nike Price Target
  

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This is one of the features of the stock market where the people on the trading
floor at Wall Street are looking at the crowd sentiment to try
to predict the price action
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The problem is its difficult to determine price action because we are
trading volatile prices every day
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Your only safety is risk management
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The rocket booster strategy according to this chart is showing you
that this price is in a downtrend
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The Rocket Booster Strategy:
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• 1-Price has to be below the 50 MA
  
• 2-Price has to be below the 200 MA
  
• 3-The 50 MA Should Cross Below The 200 MA
  

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If you want to trade the right stocks then you should learn a trading strategy
the one above is the rocket booster strategy
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Rocket boost this content to learn more
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Disclaimer: Take this as a warning you will lose money from trading do not buy or sell anything I recommend to you. Learn risk management and please trade with caution.THis is not financial advise there are just ideas and opinions.