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jacobosiason7

Flagging on the Daily- Bullish

Long
Nike (NYSE:NKE)  
jacobosiason7 Updated   
NYSE:NKE   Nike
Trend Analysis Chart Patterns Technical Indicators support_and_resistance supply_and_demand Bullish Patterns breakout flagging FLAG falling_wedge ascending_triangle longer-term
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trendanalysis chartpattern indicator support_and_resistance supply_and_demand bullish breakout flagging flag falling_wedge ascending_triangle longer-term
NKE looking interesting here sitting right on its 20-day EMA, falling wedge on the 4-hour and hourly timeframes along with what appears to be a big ascending triangle forming. Just some support and resistance levels to watch along with some RSI based supply and demand zones to keep an eye on in the meantime- Certainly a longer-term play, however, bullish and looking for a breakout from this flag

- Flagging on the Daily & 4-Hour Timeframes
- Sitting on its 20-day EMA
- Seemingly Going to Reclaim the 20-Day SMA (Not Pictured)
- Ascending Triangle Forming (Not Pictured)
- Falling Wedge on the Hourly Timeframe (See Attached Chart Below)
- Bollinger Bands Squeezing on the Hourly Timeframe (See Attached Chart Below)

PT1- $169.91
PT2- $170.98
PT3- $172.39
PT4- $173.18 +

-Hourly Timeframe-
snapshot
Comment:
PT1, PT2, and PT3 Reached ✅
Comment:
PT4 Reached ✅
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