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...
Analyzing NKE I find that the long term downtrend is still not managing to reverse, but is showing some signs.
Now I would look for what short timeframes do around the 88.66 level, if they do not become divergent there and break the low, I would look at 82.22.
If we do not have a clear weekly divergence there, it means NKE is not able to become bullish in the...
Nike’s stock looks bullish over the longer-term after breaking up from a falling channel pattern on the daily chart1.
If Nike receives a bullish reaction to its earnings print and remains above the 50-day SMA, the eight-day EMA will cross above the 21-day EMA, which would be bullish1.
Wells Fargo analyst Ike Boruchow added Nike to his top picks list, stating, "We...
If you haven`t sold the massive Head and Shoulders bearish chart pattern of NKE:
Then analyzing the options chain and the chart patterns of NKE NIKE prior to the earnings report this week,
I would consider purchasing the 100usd strike price Calls with
an expiration date of 2024-12-20,
for a premium of approximately $10.35.
If these options prove to be profitable...
This is probably not a good time to buy a stock because SP:SPX
is falling down in performance.
--
Sadly am seeing many people in the trading community entering trades
late into the market open on intraday trading strategies on which
I have no experience in.
--
This type of mindset leads you to buy from the top in a bag holding
stance or best case scenario a...
Earnings are forecast to grow 10.98% per year
Analysts in good agreement that stock price will rise by 20%
China is regaining its strength... this should help Nike's sales.
Hello TradingView Family / Fellow Traders,
NKE has been hovering inside a range in the shape of a symmetrical triangle.
Moreover, it is currently sitting around a strong support and round number $100.
🏹 Hence, as long as the $95 support holds, we will be looking for buy setups on lower timeframes.
📚 Always follow your trading plan regarding entry, risk...
Short shares of NKE - earnings soon. I don't expect them to be positive, personally.
COVER BEFORE EARNININGS unless you are looking for a gamble.
Depending on risk :
Set a stop-loss around 101.72 to 107.05
Take profits around 88.05 - 80.63 -- Be wary of the trendline; it could bounce off, so if you're looking to manage the trade, that is what you'd want to...
FREE #OPTIONS Ideas
Scale out when above 25% Profit
NYSE:JNJ 165C>160.76 | 155P<159.39
NYSE:ORCL 113C>112.81 | 110P<110.91
NASDAQ:SBUX 92C>91.94 | 91P<91.21
NYSE:NKE 100C>99.80 | 97P<97.36
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long since 102$. will it be a big W, or huge W? we'll see...
Nike, Inc. is an American athletic footwear and apparel corporation headquartered near Beaverton, Oregon, United States. It is the world's largest supplier of athletic shoes and apparel and a major manufacturer of sports equipment, with revenue in excess of US$46 billion in its fiscal year 2022.
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...
FREE #OPTIONS Ideas
Scale out when above 25% Profit
NYSE:NKE 104C>103.67 | 102P<102.34
NASDAQ:SBUX 95C>94.02 | 93P<93.18
NYSE:BAC 35C>34.06 | 33P<33.80
NYSE:GM 40C>39.07 | 38P<38.23
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NKE hitting a demand major demand zone, looking to go long here to 120-125 by April. As you guys can tell i am a low risk, with high reward trader. the contracts I trade are no more than $200 per with the ability to print 200-300%. Goodluck! Not investing adivce.
In a bid to weather the turbulent economic storms ahead, sportswear giant Nike Inc. ($NIKE) has announced significant cost-cutting measures, including the layoff of approximately 1,700 employees, representing about 2% of its workforce. This move comes as part of a broader initiative aimed at slashing costs by as much as $2 billion, reflecting the company's...
After a thorough analysis of Nike, Inc. (NKE) on the charts, I've observed that we're currently in an upward trend, indicating strong bullish momentum. This analysis is grounded on several technical indicators and chart patterns that suggest continued growth potential in the near term.
Key Highlights:
Current Trend: The stock has been exhibiting a robust upper...
Market Observations: NKE has decisively broken its previous downtrend, establishing a higher high. This bullish breach was further fueled by a liquidity run targeting sell stops below the recent triple-bottom (equal lows). The strong momentum accompanying this breakout signals a potential buying opportunity.
Trade Strategy: Target a buy entry upon a retracement...
Nike, Inc. is a U.S. multinational company that manufactures footwear, clothing, and sports accessories. Created in 1971, it is based in Beaverton, in the metropolitan area of Portland, Oregon
