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expecting a strong pullback, especially low performing when compared to others in case of market crash 2weeks out. (not financial advice)
Reversal Buy setup Reward/Risk: 2.89/1 Entry: 135.18 or at a lower price Stop: 129.00 Target: 150.00 Options Play: April 16 140/145 Call Vertical
As you can see NKE/Nike is in the bottom of it's channel which is quite strong channel, after breaking the trend line upward, where I have shown in the chart, it would be a good entry point for making profit.
Target - green box Invalidation level - red line
NIKE INC is showing a nice support area at $135 holding the price as expected. A LONG POSITION is possible with a potential of a +7% RETURN at $146 Holding the position longer can bring higher RETURN Entry 2 is possible at $129 if entry 1 fails. Happy trading
Seeing nice bull flag formation on $NKE. Need to see a bit more volume on the breakout. My target would be $160. Stop Loss set at 50 SMA: 140.50
Long and short NKE Activation of the transaction only when the blue zone is fixed/broken. The author recommends the use of anchoring fixed the blue zone, this variation is less risky. If there is increased volatility in the market and the price is held for more than 2-3 minutes behind the activation zone after the breakdown, then the activation of the idea...
$NKE. After selling off a bit, it has nicely rebounded from it's .236 Fibo (see also BUY signal). It's trading in range just above it's POC (point of control), bouncing off the .786 Fibo retracement. With ER on 3/18, we can expect an earnings run-up, will face resistance at $150, $152 and $156. I'm long on Nike. Happy Trading, from CJ -- aka the...
Nike got the upwards bullish channel and possibly has the potential to reach $149.
the NYSE:NKE will give correction signals in the following days.
- Buy - Price retraced just below the 23.6 fib retracement level on the 4 hour chart then brought down to 15 minute time frame, I am expecting price to go up when markets open. - RSI Indicator also indicates uptrend continuation as levels are pointing up
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NKE fell from a bearish rising wedge and appears to have recovered forming an ABC Bullish pattern in the process.. Pole is too slopey and humped over due to the rising wedge pattern, so I did not count it as a bullflag.. (O: ABC patterns are calculated using the lenth of the AB leg and fib levels. Possible stop a bit below C. A must be lower than C. It is a...
clean macd here as well be on the look out for this to go higher
Short Term Elliott Wave View in Nike (NKE) suggests the pullback to $128.91 ended wave ((4)). Internal of wave ((4)) unfolded as a Flat where wave (A) ended at 138.32, wave (B) ended at $147.90, and wave (C) ended at $128.91. The stock has resumed higher in wave ((5)), but it still needs to break above wave ((3)) at 147.95 on December 21, 2020 high to avoid a...
Nike has been a strong player on the capital markets for a long time. Accordingly, we will see the stock price rise further in the future, too! There is little doubt on our side that this stock is staying a long-term Bull – Michael Jordan would be proud! Now, we are primarily expecting the price to continue to rise above $147.93. However, there is a 45% chance...
Because of the current market situation not sure where the market is headed. If no sharp pull back then it looks Nke wants to move to next level up