Nike
Short

Just going to do it

I love this company but:
1. Technicals look bearish short term despite having results tomorrow
2. People visiting gyms is decreasing ( athletic clothes sales as a fashion is going to decrease)
3. All the kidos are going to keep their last year shoes since they stayed home and did not teared them apart
4. Neymar signed with PUMA
5. Arenas are closed

*They moved to their own online shop which will improve margins 100% but sales will be bad in the upcoming year and going forward 21 In my opinion...

Do not take my graphs seriously!!!
Bearish PatternsBeyond Technical AnalysisdowntrendTechnical IndicatorsjustnikesalesgrowthTrend Analysis

Also on:

Disclaimer