NKE Nike is restructuring. It is suggested that price could go to $90 in the next year. They are focusing on Less online ordering and back to the basics and sports related footwear. Also plans to reintegrate with Dick's Sporting goods. Once that happens look for price to zoom. Heard it on Fox Business.
NKE 06/10/2025 It is still in a bullish structure, and in my opinion, you can look for buying opportunities now because it has broken the downtrend trendline and is already in the discount and FVG area.
NKE Sad seeing all these shorts getting liquidated. People saying they don’t understand why it’s up with earnings being down yoy. Does anyone here subscribe to Bloomberg or WSJ? Read some of those articles. Try to understand business, etc.