NYSE:NKE   Nike
On the technical side, there are hopes for growth. These are divergences (although there is a hint of small hidden bears) and some sloping, conditional double bottom. If we fix above 148, then the growth will suggest further growth (as a confirmation).
However, globally xly and in general the index looks more down, it is more likely to go like a giant, along with the market.
So shorting is no. Waiting and thinking about buying with a range of 133-127 is interesting.


There is another remarkable thing, the report is coming soon and for several reports in a row it is clear that the stock is going down despite good reporting. This can be explained by the fact that the market wants to dump the overbought company, but the growth continues, probably due to the fact that the company's reports each time are better than expected. p/e=37, p/s=5 (the norm is about 3 for a company).

Summing up once again, it is not necessary to recklessly buy back in the indicated zone (with the exception of short-term speculative transactions), for medium-term speculation, it will be necessary to wait. A price of $100 is also likely.


(my vision. in general, I expect a decline in the market. the current growth of the last couple of days is nothing more than a rebound.)
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