PORTFOLIO ALERT – NIKE SHORT POSITION OPENED

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A post-rally correction is due. We believe a pull back to trend line support will hit before we will see any new highs from Nike.

Position is a SHORT.
CFD contract 1 lot = 100 shares.
Position size 10 lots = 1,000 shares
Entry rate 128.72$
POSITION VALUE 128,720$
LVG 1-TO-20.
MARGIN REQUIREMENTS 5% FROM POSITION VALUE = 6,436$
FREE MARGIN TO STOP OUT AT 129.72$.
TAKE PROFIT AT 124.5$
SPREAD = 5.2$
EST PROFIT 52,000$
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