Nike ( NYSE:NKE ), the athletic apparel powerhouse, saw its shares take a hit in after-hours trading despite outperforming expectations in its third-quarter fiscal 2024 earnings report. While the company reported robust revenue and profit figures, it issued a cautious outlook for the first half of fiscal 2025, sending ripples through the investor community. The...
Nike topped Wall Street estimates for first quarter profit on Thursday as higher prices of its sneakers and apparel helped offset a hit from waning demand and persistent cost pressures, sending its shares up about 8% in extended trading. Nike (NKE) is the largest apparel company in the world, with leading positions across different categories and regions. The...
Following daily chart. Got a long signal both of my indicators. TP1 - 106.44 TP2 - 107.79 TP3 - EMA100 doesn't depend on price. SL - Following indicator SL but under 97.37 daily close, you can stop also.
Hi Everyone Welcome to todays trading idea, this is an long term prediction. Nike an us based company, currently making an bearish cycle. You can trade in small amount for investments. Let me know if you have any question related to forecast. Thank You
On the hour chart the trend started on June 1 (linear regression channel). There is a high probability of profit. A possible take profit level is 111.70 But do not forget about SL = 102.72 Using a trailing stop is also a good idea! Please leave your feedback, your opinion. I am very interested. Thank you! Good luck! Regards, WeBelieveInTrading
NKE having a hard time making a new high after the pop from earnings Nike trading sideways with a $11 gap to the downside starting at $115.39 that a lot of trades would love to take
Looking at the NKE NIKE options chain, i would buy the $100 strike price Calls with 2022-10-21 expiration date for about $3.45 premium. Looking forward to read your opinion about it.
NKE has perfectly completed cup and handle pattern and has started to go higher. Perfect time to long in my opinion. I have mentioned my entry, stoploss and take profit levels. You can share your thoughts, give suggestion or ask any questions in the comments.
NKE is in downtrend so it seems like a good time to short it. Stoploss is mentioned on the chart which is previous high. I will take entry when it comes a little high and then make first bearish candlestick.
This is not financial and I barely, if at all, know what I am doing. But, please follow if you like my predictions. I thought I would chart NKE because Cramer talked about it the other day and it's fun to watch his inverses. He said Nike was a good buy at the end of last week. I figured with an economy that is in a recession (not technically), inflation out of...
Just an observation: Nike (NKE) is currently sitting on the Fibonacci Bollinger Band (FBB) plot line that has generally acted as support for the past 20 years. The weekly candles are printing long lower wicks which could suggest a bullish reversal is building along this line. The yearly chart is not overextended and fitting perfectly on multiple linear log trend...
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...
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...
Supply Chain issues. Factory closes in Vietnam due to Covid-19. Analysts are expected for the company to lower the sales guidance because of this. Considering the head and shoulders bearish chart pattern, my price target is 140usd.
#NKE will probably look for the next resistance
$NKE at Support - potential swing trade once the 200MA moves below the 20 & 50 MA. Huge volume after breaking support. - Natalie Garces Current Price: $132.99 Support: $130.71, $129.20, $126.50 Resistance: $136.51, 139.21, $140, $144.13, $145.21, $146.75
Nike reporting an 11% decline in North American sales in FQ3; however, it is currently in a rectangle that should protect against excessive falls. There are many supply problems, but the analysts continue to see it as bullish. Resistance should lock the price as the price is still far enough away. It should touch that strong resistance in an oversold...
Bearish Engulfing + Wedge+ Bearish Divergence indicating a deep drop with NKE we just need breaking down the upper trend on weekly chart for the confirmation, it would be nice to hold an option put position