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.
Ya NKE will fade, with the market! A nice entry to SELL CALL SPREAD.
Reallifetrading
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We shall see. The open will be very important on this one for sure. :)
hammadshahir
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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.