Reallifetrading

NKE pre-earnings analysis

NYSE:NKE   NIKE INC
nke
79 4 1
nke
If NKE             opens below 61.40 on earnings, bear city.
IF NKE             opens up but between $66.65 and 68.65, I'll look to FADE. An open above $69 could be nice and strong. It would be a bullish retest. Wait for that retest to come in.

Possible inverted head and shoulders on NKE             with today being the confirmation NWS             candle.
hammadshahir
8 months ago
Ya $NKE will fade, with the market! A nice entry to SELL CALL SPREAD.
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Reallifetrading PRO hammadshahir
8 months ago
We shall see. The open will be very important on this one for sure. :)
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hammadshahir Reallifetrading
8 months ago
It'll open well below 61.50sh level. Don't worry my friend. :) Yes, it's in bear city short term. If overall market corrects lower, we may see again 56-58 level.
+1 Reply
Reallifetrading PRO hammadshahir
8 months ago
BINGO
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