A wedge pattern was formed on the 1 hour timeframe. If the price manages to break through the support level of 85.97-87.32$, I expect a further fall.
Retesting previous all time highs and bouncing from the current support levels, NKE is well on it's way to new all time highs next week.
NKE - Respecting trend line and about to reach all time high, Elliot wave 3 target 150, with ER on Dec 18 expecting this to reach this target and always watch out if any trend line break for bearish too, stop loss if dropped below 130-125 Looking to enter - 12/18 - 145c - 0.9 Note : Please do make your own analysis before entering the trade - NV
Today we will share an analysis of NKE. This can be used as a curiosity or to create a setup with an appropriate Risk Reward Ratio towards the Target. Main items we can see on the chart: a) The price is inside an ascending channel providing a bullish context b) Currently, we can see a clear corrective structure with similar proportions as the previous...
Nike had a good earnings report this past quarter beating over 100% of the analysts' expectations on some strong volume too. We can see the potential of the break of the top on these higher lows as well. The current resistance is at $130-$131 where we have see the level get tested time and time again on strong bullish momentum and candles, meaning whoever is...
Multiple retail names posting blowout numbers. Budget retail like FIVE, NKE, HBI, and URBN could also still see upside momentum. Notice the rejection off the 2018 highs. Selling bullish verticals in case it's a slow grind
As you can see after breaking those purple areas, Its a good entry point, but price might have some struggles after reaching the second purple cluster. So after breaking it, it would be another good entry point.
There is nothing meaningful about shorting a stock.
NKE hit a sell signal on the 30min indicator.
On the 4 hour chart, NKE is just about to dip below the moving average. This relative strength index shows that it is sitting high near 70. We should be expecting to see a sell signal relatively soon. Disclaimer: I am not an expert, I am just starting to grasp meaning behind these indicators and by no means making recommendations. I trade at my own risk and so...
Hi community! Here I´m shearing my thoughts on NKE. Looking for a bounce from the retest of upper side of this ascending channel. Selling some premium with the put spread near the actual price and the call spread far away just working as a buffer in case needed.
we have a signale of squeeze and breaking of the vwap . so the market it will go down
Nike has been off the radar for some time, especially since it started consolidating from December 2015 to May 2018. The trend following its breakout of consolidation has lacked the energy and momentum of the prior trend when Nike shares saw a growth of 612% from March 2009 to December 2015. The trend experienced its first pullback and made contact with the...
📈 NYSE:NKE SHORT H4 🛒SELL BELOW = 110.40 🎯Target1 = 106.10 🎯Target2 = 103.40 🎯Target3 = 99 🛑Stop loss or cancel trade = 117.55 🙈Recommended risk = (1%-2%) #NKE #NKESHORT #NKESELL
Nike (NKE) has made another all-time high suggesting the bulls remain in firmly in control. Elliott Wave View of Nike suggests the stock is still within the cycle from March low as an impulse. Currently, the stock is within wave (5) from March low. The rally from March Covid-19 low to $117.42 ended wave (3). Pullback in wave (4) completed at $110.05 as a double...
NKE confirms the " Cup and Handle " pattern and targets this pattern at $140 NKE BUY : $105 NKE TARGET : $140 +-2 Stop loss : 8% Wish you a good deal!