Nike: Momentum 2018 Trade?

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About: NIKE, Inc. (NKE)
by: Individual Trader
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Individual Trader
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Summary

Nike has been one of our best performers.

But we are not ready to sell just yet.

We will initiate a trailing stop to protect gains but also hope to gain more upside.

Nike (NKE) at over $77 a share has had a great run since October of last year when shares were trading down near $50 a share. We are in since the $51.91 mark,