Nike... What to do now??Nike will go down by approximately 3.5% today after quarter earnings. Wait until de drop is over which might take a few days. After it bounces back up at the 82.30 level, good opportunities will arrive and Nike has the space to go up and reach its ATH. The RSI is quite high. I except it to drop today so the price will go lower and you can take the rideee. by Melle33
Bullish on NKEDespite the political rhetoric, stock has a bullish setup 3-4 years of consolidation, followed by a break out a few more months of consolidation, followed by another break out currently in an uptrend May experience some slight pullbacks but overall, bullish. Longby Shortmetina2
THE WEEK AHEAD: NKE EARNINGS; CRON, IQ, NTNX, EWZThis post is going to be short work, since there aren't many earnings in play for next week, and non-earnings premium selling is somewhat limited ... . NKE is the only earnings that comes up on my radar for next week (announces on Tuesday after market close). While it has an implied volatility rank of 72, its 30-day isn't exactly "doing it" at 29%. That being said, the slightly short delta, 68% probability of profit, Oct 19th 80/90 short strangle pays 1.72/contract at the mid. Other top implied volatility underlyings include CRON at 140%, IQ at 60%, and NTNX at 54%, but these underlyings aren't the best in terms of expiry and strike availability, which can make for headaches if you need to roll. I've already experienced some of this in a CRON play; there was no November available after the October monthly, so had to roll all the way out to January, which can be a drag if you're less than the patient type ... . I pretty much knew that it could be a headache going in because of oddball expiry availability, but couldn't pass on the juiciness. On the non-earnings front: "The Brazilian" -- EWZ continues to be frisky (but not quite as frisky as it was) with a rank of 69 and a 30-day of 47%. The November 29/40 short strangle camped out at the 21 delta has a probability of profit of 70%, break evens of 27.35/41.62, and pays 1.65 -- not bad for an extremely liquid $34 underlying. by NaughtyPines778
Short NKEUnless it breaks above this wedge really hard, I'd stay short from here on out. No amount of fluff news pieces about how online sales have soared since the controversial NIKE add came out can hide the truth that this stock is technically hosed.Shortby PontusTrader3
EYEING FOR MORE PRICE CLIMBThe “Bullish Opening Marubozu” suggests further price increase ahead, Moving Average Crossover is still on bullish mode, Buy signal by the MACD indicator, Ongoing positive momentum by the 14-day RSI indicator: Positive expectation extends.Longby DDNKResearch3
Nice bounce upwardsAs expected Nike made a nice move upwards. Last week was an emotional play and gave a lot of opportunity to enter. NYSE:NKE Longby DietrichTiessenUpdated 1
Damn you KaepernickWicked H&S forming, bulls struggling to break previous support $82.5 level, now tough resistance Shortby RichardSlangerUpdated 113
Nike Up 395 Points!!!Last post: September 6th. See chart . Review: Price had pulled back below the support level. Update: Price is now back above the support level and making new highs again and is up 395 points. Conclusion: We will be looking for long opportunities when we see another breakout. Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments! Sublime TradingLongby Sublime_Trading3
member when politics mattered? me neither, still above all MAs The way its holding tight near highs is obviously beautiful to watch and tempting to long on a break Longby Tradestreams3
Nike Inc (NKE - US stock) - Uptrend keep continue - xuanhaimmoerNike Inc (NKE) - we are in uptrend in long term and now going up with the same. Target and short term correction I draw in the chart. Good luck! by xuanhaimmoer17
Bearish Div 1W | Nike Inc. | Short ATHRising wedge bearish pattern Bearish divergence on the weekly! __________ Now is a good time to apply the principle. Sell High. Trade set-up placed. SL 5% A break in parabolic bull trend should retrace to 200SMA Safe trading!Shortby ant1vas2
Another name that was strong today and near highs, politics lol Above all MAs and closing on highs, looks like getting mad about politics is so 2016 Longby Tradestreams1
NIKE (NYSE: NKE) Possible resistance roting?!?We have reason to think that NIKE will break its resistance, to substantiate this let's look at the past of this action. The shares were in an upward channel (orange lines) of 9 months, with 4 confirmations in the resistance and 4 confirmations in the support in this period. This channel suffered two particular moments: The results of March 22 (Blue vertical line E1) that had a negative result, which increased the number of bounces on the support but don´t broke it, but weakened it. The results of June 28 (Vertical line blue E2) , which were expected to be low, but turned out to be positive, so the value of the actions of NIKE growth up and broke the resistance. Prior to this we have to see that after the payment of dividends (light blue vertical line D1) the value of the stock had fallen. With this resistance break a new bullish channel was formed (Yellow lines) slightly more inclined than the previous channel. In the most recent section we see that the shares fell again after strong rises, but this is due to the dividend payment (light blue vertical line D2). After this the shares are rising again reaching a historical maximum and with a possible pivot point at 82.44. We have to see that we are 10 workable days away from the next results, if these are positive, taking into account the bullish channel in which we are, that the current value is a maximum historical and the proximity of a possible pivot point we are facing a possible resistance break, as happened with the last results. If the results are negative we could stay in the previous channel or break the current support (yellow line) , returning to the previous support (orange line) , so we would continue with an upward trend but an immediate loss of the value of the action. I thank you very much for reading and I am open to criticism and questions. I try to upload all the analysis of the US and Argentina market that I do in Spanish and English. Regards!Shortby AlejandroAttento1
NKE weekly chart made a nice bounce. Even though there is panic on the daily or the minute chart, the weekly chart shows support. This is a good panic play. I am still BullishLongby DietrichTiessenUpdated 1
$NKE Heating up; add to watchlist!$NKE (Nike) is starting to heat up. Keep this on the watchlist! Looking for a close and hold above 80.55 & 81.02 for this stock to potentially run up.Longby bsdvs23Updated 442
Nike Vs The S&P 500... Really feeling the pain?Nike... are the really "feeling the pain"?by MrSupercool1
NKE one of my favorite stocks for a retrace lowerI am not a believer in the controversial new add campaign. Things like this tend to blow up for companies. We are starting to see weakness in the Consumer Discretionary Index. I rank this 80% short success trade idea next few weeks.Shortby GUMBY9662C3
All hype, no boomH&S, low high, overbought, support needs retesting, earning around the corner, following channel with ease for the past year. I don't see a huge rally yet. I'm looking for $76 here. Shortby Dippy112
Apple Not Beaten YetThis stock is featuring for the first time on our TradingView blogs. Current setup: Beneath the previous support level but above the 50 simple moving average and the $80 round number. Conclusion: Wait for a breakout above the previous high before attempting to go long. Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments! Sublime Trading Longby Sublime_Trading4
$NKE Drops amid Kaepernick news, but for how long?$NKE has fallen back down to its $79 support line. Looks like a nice selloff amidst the recent news, but I suspect Nike will easily bounce back and reach new highs. I am looking at $85-$90 as the new support line, especially with the holiday season near. I'd love to hear other opinions and ideas on where you guys think Nike will go next.Longby CryptoCostanza112