UNDER ARMOUR - BIG BULLISH POTENTIALBeautiful 4 month long bottom formed. Looking for a retracement-type of move into 20$ /19.50$ for a long entry targeting 24$ / 25$.
Stop should be below 18$. Nice risk:reward.
Blessings to you all.
Nike
Bulls To Back NikeOn April 25, 2017, the Nike ( NKE ) 100 day moving average (DMA) crossed above its 200 DMA Historically this has occurred 19 times with a minimum gain of 0.495%. It has a median gain of 6.655% and maximum gain of 24.969% over the next 12 trading days.
When we take a look at other technical indicators, the relative strength index (RSI) is at 46.5981. RSI tends to determine trends, overbought and oversold levels as well as likelihood of price swings. I personally use anything above 75 as overbought and anything under 25 as oversold. The current reading declares the stock is neutral.
The true strength index (TSI) is currently -3.6803. The TSI determines overbought/oversold levels and/or current trend. I solely use this as an indicator of trend as overbought and oversold levels vary. The TSI is double smoothed in its calculation and is a great indicator of upward and downward movement. The current reading declares the stock has ended its long-term move downward. The indicator had flattened out and is slowly beginning to move up, which is positive action for the stock.
The positive vortex indicator (VI) is at 1.0529 while the negative is at 0.9499. When the positive level is higher than 1 and higher than the negative indicator, the overall price action is moving upward. When the negative level is higher than 1 and higher than the positive indicator, the overall price action is moving downward. The current reading declares the stock is moving up. The positive indicator recently crossed the negative and also is a good sign for Nike.
The stochastic oscillator K value is 58.7329 and D value is 70.9708. This is a cyclical oscillator that is highly accurate and can be used to identify overbought/oversold levels as well as pending reversals and short-term activity. I personally use anything above 80 as overbought and below 20 as oversold. When the K value is higher than the D value, the price action is trending up. When the D value is higher that the K value, price action is trending down. The current reading declares the stock recently exited overbought territory. The stock does not need to drop much more for these indicators to begin moving up again.
Considering the moving average crossover, RSI, TSI, VI and stochastic levels, the overall direction has the stock moving up. Based on historical movement compared to current levels and the current position in its trend channel, the stock could gain at least 1.63%% over the next 9 trading days.
Half of the companies 100 DMA crossing over the 200 DMA have occurred since 2000. The median gain is 4.902% while the minimum gain is 1.312%. Movement near this median gain level is not impossible. If the stock sticks to recent resistance trendlines, the conservative movement is a gain in the 1.63-2.20% range. I always plan for the conservative plays, but this stock has plenty of upside.
NKE - Thanks for the drop!Here we have Nike, coming back to the L-MLH.
To me this looks like a gift from the trading gods.
I sell ITM Puts and buy more OTM Calls.
If NKE drops out of the L-MLH, the party is over for me.
P!
Nice set up for a short NKENKE is one of the stocks that have the least bull momentum, even when the Dow its posting new highs week after week. The correction of more than 1% today in the indexes can tell us that we may have a small correction ahead of us. I like the set up for a short position in Nike.
Long on NKE, beautiful triangle consolidation, great entry pointI will add more share if it breaks above 55
NKE - RiskReversal OnNKE plays on major support level.
Price Action and Fork confirmed so I set up my RiskReversal.
Earnings ahead...I can take it.
Worst case would be to own the stock if all goes bad and I get assigned.
I then would just sell covered Calls/Puts to bring down the cost basis (entry point of stock).
The WWTGT would be a WolfeWave target, which is exactly the U-MLH.
Very curious how this one plays out.
P!
NKE @ daily @ worst dow performer `16 (-18%) turned around ?Take care
& analyzed it again
- it`s always your decision ...
(for a bigger picture zoom the chart)
This is only a trading capability - no recommendation !!!
Buying/Selling or even only watching is always your own responsibility ...
DOW JONES Index incl. all 30 Shares (2016 Yearly Performance) @ drive.google.com
Best regards
Aaron
NKE Long Due To ReboundMonthly indicators look beautiful for NKE, as well as the weekly ones.
Right now would be a great time to enter and expect a nice and steady growth throughout the channel I've made,
$50 holding for NKETechnically Speaking
Nike is holding support at $50. A break below $50 could target support at $42.50-45.
I do not own NKE. I own UA, and their chart looks very similar.
Will the $50 level hold?
No one knows, the question is whether you believe the R/R is attractive and how much are you willing to risk to find out.
I am holding off for now, but will look to revisit this chart later this week.
Bullish Bat Pattern 1hr NIKEEntry 54.96
TP1 56.56
TP2 57.53
SL 54.18
When TP1 is hit move sl to be.
I prefer harmonic patterns on forex so i am not putting a lot of equity at risk
NIKE " JUST DO IT "Very nice setup for NIKE -0.87%.
I can see a clear long position coming soon.
It is right now undervalue and we have 2 point of entry, keeping our final target --> 65
Regards !
$LULU Falling$LULU has been one of the hottest stocks this year....until today. Their mixed guidance for next year is nothing to worry about. If you don't live in a cave you know every girl either wants or wears lulu. I know there are cheaper options, but lets be honest...they are a status symbol. As long as the stock holds $67, i think you pick some up.
www.trendyprofits.com
$NKE falling wedge on daily$NKE falling wedge on daily.
.618 golden retracement.
Looking for upside move to 200 MA.
NKE - NIKE: ONE MORE WAVE UP BEFORE A POSSIBLE BIG DROP?Nike seems in the middle of a corrective phase. I'm expecting one more wave up before a possible big drop if downward trendline holds. Bullish divergence for the wave up. Buying the breakout seems a good idea.
IF NKE continues running down hill- I'll own $50 shares i have been taught only sell puts on stock you want to own at the price you are selling those puts! Nike is one of those companies. Nike isn't going anywhere, continues to sell more shoes, and brand their swoosh worldwide
so pick an are where you think you would like to own shares. I like getting paid up front and lower my cost basis even more if and when i get put to stock!!
pennies to thousands short candidate below cloudmacd and stoc crossed below crucial mas see in oour book on amazon what they are cci and percent r downward
last time gapped down after earnings relative atrength weak money flow very weak
