
A NEW IDEA ON NIKE (NKE) – A FURTHER DIP WILL BE AN OPPORTUNITY FOR A TACTICAL TRADE
By Nigam Arora & Dr. Natasha Arora Signal Limited is a Signal(s) with a great record in similar situations but does not meet all of the stringent criteria for a Signal. Typically Signal Limited has higher risk-reward compared to a Signal over the short term. NKE Stock Cut By One Half NKE has fallen from $179.10 to $83.12 at the close on Friday. NKE is not a speculative stock but a blue chip stock. Bloated Inventories The latest drop came because the margins are lower and inventories are bloated. The size of the inventory bloat is such that it will take time to clear





