The price reached a strong resistance zone formed by the uptrend line, the upper Bollinger Band, and 100.00 round number level. RSI reached the overbought zone, and it will be able to confirm the price reversal by a solid signal. If you have the opportunity to sell this share, it is possible to do with entry level below the low of the 1st bearish candle and...
EARNINGS: FDX (57/37): Tuesday, After Market Close. MU (23/46): Wednesday, After Market Close. NKE (24/25): Thursday, After Market Close. Pictured here is an MU January 17th 46/57.5 short strangle paying 1.53 (.76 at 50% max) with 1 standard deviation break evens and a delta/theta metrics of .32/5.34. Alternatively: a defined risk play collecting one-third the...
Following the 2+ years of consolidation from December 2015 to May 2018, it was likely that price was going to trend to the upside after breaking out. Usually, when price consolidates for lengthy periods of time, it tends to form a big trend in the direction of the breakout. As the breakout occurred above resistance, we may see a trend continue for weeks if not...
Let's see, earnings after market close, recent analyst downgrades over last week or so, & CEO just left to take over at NKE . What does the chart say? You may have a head & shoulders pattern but that right shoulder is a bit ugly. If you do believe it is an H&S pattern, then the price target is $198.30 which would take the price back to fill the gap from January...
With an average volume of 6.3 million, Nike Inc is continuing to soar to new heights in the markets which is probably spurred on by sales being up 41% in the first quarter of 2019. Looking at the technical side of things, we can see from the weekly chart that price has been clearly trending to the upside over the long-term. Price was in a strong bull trend from...
NKE shows price has compressed into a tighter candlestick pattern formation near the highs of its long-term trading range pattern. The compression has minor Dark Pool Quiet Rotation™.
NYSE:NKE Net breakout of the resistance of the ascending triangle on one of our favourite companies. The Risk Reward is also excellent. All parameters comply with the entry model of our strategy.
NKE is trading at a P/E of 35 while the industry is just 24.9, suggesting a price of only 62 instead of 87. At the same time earning per share per quartes hasn´t increased at all in the last few years, actually they are way lower than in 2013-2015 when the stock was trading at a price between 30-50, so how can we expect to keep going up? The ATH for the stock is...
$NKE Reverse Iron Condor Sell: 9/27 93c for .38 Buy: 9/27 92.5c for .48 Buy: 9/27 85.5p for .1.25 Sell: 9/27 85p for .1.08 Net Debit: $0.27 (Max Loss) Max Profit: $0.23 (<85.23 or >92.77)
Based on current market conditions and previous trends, I am predicting NKE to be worth $88 a share by September 20th. I am an experienced investor but new to trading view, I will be focusing on price trends for Options trading. Feel free to comment your opinion. I am 0 for 0 on my Calls based on my trading view trending experience.
Technical analysis We see a divergence between the OBV indicator with a downtrend since august. (short-time bear) Heavy resistance will probably be tested soon around $90 . / check chart for more details
We have here a retailer with a P/E AND P/S that puts the rest of the market to shame. We HAVE to ask ourselves when do the value investors step in? I believe that question will be answered on AUG.23rd on the back of this companies earnings. They lowered expectations and with 60% of their sales coming from Nike and with Nike beating earnings this is a good bet. I...
Taking a big picture look here it seems we could have a left shoulder and head formed on the monthly. Now it would be time to go into a lengthy development of the right shoulder. Anyways based on this chart, long-term, I'd be short on Nike but let's see what happens. This could be an indicator of Tariffs to come.
Kohls has been a pretty good stock, they have expended last year and improved their overall brand in the process. they took a huge beating with last earning and weak forecast but on the daily time frame, they are really bottoming out. i think it's ready to rebound soon, especially if we start the bull run pass $300 on spy, this would be a good long shot. Open...
Will be entering a long position this week in Nike. This will be in my retirement account not trading account.