NIKE INCORPORATED (NKE-NYSE): Technical Viewpoint: From a low of $51.84 on Dec 18, 2001 prices rallied, reaching a high of $58.49 on Jan 4, 2002. A decline saw prices pull back, reaching a low of $54.60 on Jan 14, 2002. Another rally saw prices penetrate resistance, closing 1/30/02 at $61.00. Technicals: Stochastic Oscillator (STOC): A Buy Alert! was given on Jan 15, 2002 when the solid line crossed the dotted line to the upside. Support: Remains at $57.25. Resistance: Is at $65.00. Point & Figure: Reversed to the upside on Jan 30, 2002. A P&F upside reversal takes place at $59.50. Summary: Technical indicators have turned bullish. BUY! NIKE INCORPORATED (NKE-NYSE) @ $61.13 Stop: Use a protective stop of $58.63. NIKE INCORPORATED is currently trading @ $61.00 plus $3.20 on Jan 30, 2002. Price Objective: $72.00. Risk/Reward: $2.50 VS. $10.88. Today's Risk Reward Ratio: 4:1