Nike
Long

NIKE - Have they finally bottomed?

533
NKE

This company has been in a steady downtrend for the last two years as they've fell behind and lost track of what got them to be NIKE!

I believe this is a solid turnaround play for 2025 and beyond.

It does not align as a buy on the trading standpoint yet until we break the diagonal trend line from July 2024. Then we could push towards a double bottom breakout!

Not financial advice

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