Nike had a good earnings report this past quarter beating over 100% of the analysts' expectations on some strong volume too. We can see the potential of the break of the top on these higher lows as well. The current resistance is at $130-$131 where we have see the level get tested time and time again on strong bullish momentum and candles, meaning whoever is...
MONTHLY rsi and price movement for nike. No matter how much money is printed in the us my favorite sports brand will have a rough time for the upcoming years since most of the money went to the stock market and the majority of people are going to see their income decreasing for the next years. However after we've go through this nike is going to shine since it's...
my be the chart will go up and testing the vwap but will go down agin the signal its for sell here
As we saw with other stocks they joined in a pullback what will show again a drop to lower levels. I'm short in nike.
As you can see on my chart, I expect a fall in the Nike after overcoming the mark of $ 96. As you can see on my chart, I expect a fall on the hike, after breaking the $ 96 mark. If you want to know more information about my forecasts, subscribe to my YouTube Channel (/channel/UCFjEDgByCftksVKr8nZoOZg? View_as = subscriber) More than my forecasts for the short term
The price opened higher (above the blue zone on D) and rejected the zone on the H4 timeframe. Price will move towards the fibonacci extensions.
Short term Elliott wave view in Nike (NKE) calls the rally from June 3 low unfolding as a 5 waves impulse Elliott Wave structure. Up from June 3 low, wave 1 ended at 78.58 and wave 2 pullback ended at 77.58. Wave 3 ended at 84.23 and subdivides as another impulse structure in lesser degree. Wave 4 pullback ended at 82.47, and wave 5 ended at 84.38 which also...
Nike's uptrend starting to run out of steam. Look for sells on the breakdown from this structure
Thank for viewing, Disclosure; I haven't been tracking Nike until a couple of days ago and thought I would post this to see if I can get some feedback. I am not presently able to short trade this share so am just watching for now. I was drawn to it by recent news about presumptive Np.1 NBA draft pick Zion Williamson's and minor injury caused by a Nike shoe...
Entry = 86.29 (also possible average down if it hits bottom channel trend line) Target 1 = 88 Target 2 = 89.20 Stop = Daily close below 86.29 Trade is invalid if it breaks out before hitting support. Also invalid if the pullback to support is caused by bad news.
All points from the monthly to the lower timeframes has me looking to short this stock. risk to reward is nice also.n
Conclusion for today’s Analysis: Price closing above the September 21, 2018 high of $85.98 indicates resumption of the bullish trend in Nike. Over a year and 2 months of price action is covered in today’s Nike stock analysis using a 6 hour timeframe. The previous bullish price channel lasting over 11 months was broken to the downside, with price retracing to...
Looks like the Nike (NKE) stock price is coming down to fill the previous gap, at which level the RSI will be very low, and should result in a bullish reversal. Let me know what you think in the comments. Like this idea if you agree.
Trade Idea is Nike (Long Position) Not anticipating new high so along with the long position is to sell calls at strike price of $82.50 or $85 to pocket some premium Entry is 76.38 Initial Target is 78.80 Second target is 81.46 Stop is 73.58
Nike stock could break bearish in the near future.
Hello Traders, NKE short-term Elliott wave analysis suggests that the pullback to $78.78 low ended red wave 2 pullback. Up from there, it ended red wave 3 at 09/21 peak (86.26). The Internals structure unfolded as a 5 waves Elliott Wave structure with a extend wave ((iii)). It ended black wave ((i)) at 09/04 peak (81), wave ((ii)) pullback at 09/05 low (78.78)....
Rising 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!