Long

Long Nike on the 76 fib

NKE has been getting hammered badly recently and all of this can build up into cap down capitulations to the 76.

I like buying things cheap. Especially at 76 fibs and I love things crashing into 76 fibs.

Taking a NKE position build up of shorting put spreads and buying calls. Betting the low is in and we retrace at least 40% of the drop - possibly get to the high.

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We have signals services starting from only $10.
Find them here: holeyprofitnewsletter.substack.com/p/all-holeyprofit-newsletters

Find 15 free strategies here: holeyprofitnewsletter.substack.com/p/strategies-parent-thread

Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.