I'm looking for a nice recovery in Nike. Not new highs but a nice return none the less. There is a price gap as noted. Likely that is filled IMO.
NIKE, Inc., together with its subsidiaries, designs, develops, markets, and sells athletic footwear, apparel, equipment, and accessories worldwide. The company offers NIKE brand products in six categories, including running, NIKE basketball, the Jordan brand, football, training, and sportswear. It also markets products designed for kids, as well as for other...
Immediate targets 154, 159, 163. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the...
Market just finished 1-5 Elliot wave and started going down, we are waiting for it to bounce off of a 50% fib zone, retrace to a trend and go down to our demand zone, where we should enter the market for a long position and expect retrace to 50% fib zone of downwards movement. AROON: Shows gain in a bearish momentum so it means we should hit our 50% fib...
I hate talking about water under the bridge, but this time I will bring up the case of NKE. What I am disgruntled about is that I I didn't head my own (documented) thoughts on NKE that I had posted on Jan 19: Depending on how you look at it, there has been 4 times that puts below 144 would have worked out wonderfully. The time, I thought I push to 135 would...
Nike's gone pretty low since its all time high at 178. I think that Nike is going to moon like it did after bouncing off the support line to go from 144 to 178 last time. The RSI indicator also shows that the strength is really low, so its the perfect moment to buy. "THIS IS NOT INVESTING ADVICE"
Since bottoming on March 18, 2020 low, Nike (NKE) rallied as a 5 waves into $179.10 which ended wave I on November 5, 2021 peak. Since then, the stock has corrected the cycle from March 2020 low within wave II. According to the 1 hour chart below, wave II pullback is complete at $137.41. The internal subdivision of wave II unfolded as a zigzag structure. Down from...
Amazon has reached out Peloton about a potential deal. The Financial Times said Nike is also considering a bid. Peloton's market value is around $8.1 billion, down from its high last year of $50bn. Looking at the chart, PTON touched 3 times the buy area of 23usd and just bounced from that support. My price target is 37usd. Looking forward to read your...
Nike - Short Term - We look to Sell a break of 143.08 (stop at 148.92) Posted a bearish Flag formation. A break of 143.00 is needed to confirm the outlook. Closed below the 20-day EMA. The bias is still for lower levels and we look for any gains to be limited. The primary trend remains bearish. Daily signals are bearish. The sequence for trading is lower lows...
After the completion of a full Elliott wave, the price of the guard has started to rise strongly for higher goals
Looking at NKE and seeing all kinds of bearish signs for the short term. It is currently under its 200MA and 50 MA, also below the 12 and 26 EMA (DAILY CHART) Bearish case (short term) This one is simple: A break below $144 could give sellers the chance to fill the gap created back on June 24th 2021 Below $144 I can see $138 being a real possibility if not...
Hello Everyone today we are going to a briefly review on #Nike And some good points for buy and hold. Best wishes to you.
Jan 10. $NKE. $NKE with a huge gap down today with the market. And it is right on my level of interest. I'm looking for it to either find support here and move back up or go down a bit, retest this level and go for $145 area and below. If it heads back up from here, I will go long. Or I will go short if it retests this level in the next few days and falls back down.
Potential $33 move to the upside for NKE on this bull flag or falling wedge break. Both continuation patterns on Nikes overall bullish uptrend. Playing out a harami candlestick pattern. Bullish reversal of current shorter downtrend. Confirmation for entry will be this break of todays inside bar high of 167.18. Risky entry before close today. Check stochastic. Do...
NQ [ sell NQ now at 16531 becouse the nq is on up and it stap for risestonce
google when the market go to 2870 you can buy becouse the market is very up
Hi everyone, Nike stock tends to move agressively after earnings, which happened again on December 21. Let us take a look at the current price action. The stock made ATH early November and proceeded to sell off with the broad market in December. At the day of earnings stock reached 155 level, which is just outside the Value zone . After the market close...