Trade Ideas: Nike, Twitter And Phillips 66

Published 09/24/2019, 01:50 AM
Updated 07/09/2023, 06:32 AM
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NKE
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PSX
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TWTR
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Nike

Nike (NYSE:NKE) is building bullish pennant formation with resistance at 89 area which if broken is likely to trigger new momentum.

Nike Inc Daily Chart

Twitter

After Twitter (NYSE:TWTR)'s breakout in early September above 43 resistance, price returned back into 43 area from where we could see new up wave toward 45-47 zone, momentum trigger could be move above the 44 area.

Twitter Inc Daily Chart

Phillips 66

Phillips 66 (NYSE:PSX) was helped by a jump in oil prices last week. The stock is showing sign of strength which could result in break of 105 resistance over the next few days and trigger new upside momentum.

Phillips Daily Chart

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