I was suspecting that PK stepped in to buy to create support at that level. LOL JK
Today, NKE blew pass $37.00 as if it doesn't exist. And it comfortably found home at upper $36.00. That is if market will not turn south at the last hour of trading session.
So don't be surprised if ends the day at low $36.00
With Iran War, Trade War and Inflation as factor, I don't think anyone will step in and buy.
Nike is caught between rock and a hard place.