Long

NKE is still BULLISH

NKE took a beating after missing revenues by 50M (.5%) and providing soft guidance. Yet, they continue to buy back their shares (decreasing supply). I fully expect NKE to hit $89.15 by the next Earnings reports, if not $94.10.

There's 10-15% upside within the next 3 months. Don't miss the train!

Note

Whales are battling! The price action needs to break $83 to be bullish, but bears can certainly still push down and maintain their hold. Overall market is bear, so NKE is certainly acting much more bullish for the market landscape. HODL the battle

cytoshi

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