After a thorough analysis of Nike, Inc. (NKE) on the charts, I've observed that we're currently in an upward trend, indicating strong bullish momentum. This analysis is grounded on several technical indicators and chart patterns that suggest continued growth potential in the near term.
Key Highlights:
Current Trend: The stock has been exhibiting a robust upper...
Market Observations: NKE has decisively broken its previous downtrend, establishing a higher high. This bullish breach was further fueled by a liquidity run targeting sell stops below the recent triple-bottom (equal lows). The strong momentum accompanying this breakout signals a potential buying opportunity.
Trade Strategy: Target a buy entry upon a retracement...
Nike, Inc. is a U.S. multinational company that manufactures footwear, clothing, and sports accessories. Created in 1971, it is based in Beaverton, in the metropolitan area of Portland, Oregon
Nike is performing really good EPS is up 0.18 against last year same quarter , Revenue is up 70m
Sector is bullish for the next 2 3 months. Good price to buy now.
This wedge has formed and should be a super consistent pattern to trade within until we see a breakout (probably to the upside).
Excellent long opportunity, my long entry is around $95 as I like to get the best price possible.
I may also dollar cost average down via writing weekly expiration at the money puts (being paid to place limit orders) in order to...
The company is performing really good fundamentally , good quarterly results and the sector is performing well , expecting bullish 2 3 months for that sector.
Hello TradingView Family / Fellow Traders,
On Weekly: Left Chart
NKE has been hovering inside a range in the shape of a symmetrical triangle.
Moreover, it is currently sitting around a strong round number 100.0
🏹 Hence , as long as the 100.0 support holds, we will be looking for buy setups on lower timeframes.
On Daily: Right Chart
📈 For the bulls to take...
Sports apparel giant Nike ( NYSE:NKE ) is set to deepen its foray into the video game space through its blockchain and digital wearables division, .Swoosh. The company's recent announcement promises a new line of virtual products known as "Nike In-Game Wearables," which users can directly purchase and wear within their favorite video games. Despite the excitement...
- Price has bounced back from strong weekly support
- Fib retracement from 0.618 level
- No divergence
- Good buy opportunity
EP: 106.07
SL: 100.92
TP1: 111.22
TP2: 121.00
Trading Idea
1) Find a FIBO slingshot
2) Check FIBO 61.80% level
3) Entry Point > 105/61.80%
Chart time frame : B
A) 15 min(1W-3M)
B) 1 hr(3M-6M)
C) 4 hr(6M-1year)
D) 1 day(1-3years)
Stock progress : A
A) Keep rising over 61.80% resistance
B) 61.80% resistance
C) Hit the bottom
D) Hit the top
Stocks rise as they rise from support and fall from resistance....
Nike is almost oversold on the 1D technical outlook (RSI = 33.787, MACD = -2.530, ADX = 53.733) and is trading sideways inside the P1 Zone, which is the Pivot Band that has started several rebounds inside this 1 year Triangle pattern. This isn't an automatic buy for us yet, we need to see the price crossing over the 1D MA50 before buying and aim at the LH...
Title: Nike stock options trading strategy: selling a bull put with 95 and 90 strike options expiring on February 16, 2024.
Summary: Selling a bull put with 95 and 90 strike options expiring on February 16, 2024 is an options trading strategy that can be used to generate a profit when the price of Nike stock is expected to remain stable or increase slightly. In...
The NIKE share price fell sharply within a few hours of the presentation of the quarterly reports. We must now primarily assume that the stock has formed the top of the wave (A) in red with the last high - and has since sold off in the course of the wave of the same color (B). The bears have already been able to drag the price below the support level of $104.01....
Nike's highly anticipated earnings report could set the stage for a short-term correction with long-term highs of $140 being estimated by investment bank analysts.
