Here's How to Play Nike Stock Right Now

Here's How to Play Nike Stock Right Now

Nike Inc. was mentioned during Friday's Mad Money program from the U.S. Air Force Academy in Colorado Springs. During the Lightning Round segment one caller asked about Nike and Jim Cramer responded that, "At $90, I think it's a buy." Let's check out the charts and indicators to see how NKE might fit into a portfolio. In the daily bar chart of NKE, below, we can see that prices largely traded sideways from March to September.