Get started

Nike

Nike - Still Open PositionChecking back in with Nike since our last analysis. If you check out our last Nike Post, the target hit our buy zone and we entered the position in the green rectangle on our charts. We're currently up around 5% on this one for a nice scalp trade if we wish to exit. Our initial target is still around $104-$105 mark. We're keeping a tight stop loss on this one in the profit already. Waiting to see if we dip back to our accumulation zone or take some profits. Follow us and feel free to give us a like for more posts. Cheers! Disclaimer: I do not provide personal investment advice and I am not a qualified licensed investment advisor. I am an amateur investor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here. Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on here, expressed or implied herein, are committed at your own risk, financial or otherwise.
NYSE:NKELong
by MannyLo
Nike - A SneakerHeads TA We're expecting a slight retrace in the whole market as it takes a breather from the crazy run it has had since the pandemic started. RSI levels went through the roof, the market is trying for a V shaped recovery, but we have what is expected to be the worst earnings season ever a few weeks out. Until then we'll most likely be jumping in and out of positions for quick swing trades. Taking a look at Nike. It has proven time and time again to be wary of shorting stocks with cult like followings (Apple, TSLA, Amzn, NFLX). Even when the numbers disappoint, consumers continue to use these stocks and praise the product defying financial statistics. Nike is no different and the SneakerHead following proves this. Even if we see a drop coming we would expect the cult to buy the shares back up. TA: With the above being said, looking at the TA, for the moment we'll be looking for a quick swing trade entry loading up between $90-$94 region with a tight stop at $88.50, taking profit at the $104 range where we got our most recent resistance. We see Nike has been holding the 55MA, RSI has fallen back into neutral territory, and the DMI and the TTM appear to be gearing up for a squeeze. Hit us with a like and a follow for more updates. Cheers! Disclaimer: I do not provide personal investment advice and I am not a qualified licensed investment advisor. I am an amateur investor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here. Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on here, expressed or implied herein, are committed at your own risk, financial or otherwise.
NYSE:NKELong
by MannyLo
1
Centauro CNTO3 Mantém firme o mês no azulUma tendência é chamada de tendência ascendente quando o preço continua subindo, e neste mês de Junho de 2020 podemos verificar que "popularmente" ela já está no azul. O grupo SBF, dono da varejista de material esportivo Centauro, teve uma explosão no preço da ação depois que comprou a operação da Nike no Brasil, contudo recuou tanto quanto nessa pandemia. Alguns odeiam o setor varejista, ainda mais nichos específicos, mas ninguém pode questionar o potencial a médio e longo prazo de uma empresa que detém uma marca símbolo do capitalismo - ninguém em sã consciência vai quer ficar de fora em uma possível retomada. Um breve disclaimer: isso não é uma recomendação de compra ou venda de nenhum tipo de ativo, apenas uma visão do momento atual deste papel.
CLong
by DanBTCbr
Triple bottom on Macy dating back to 1992 =o !!!! $MWhat is Macys? Macy's, Inc., an omnichannel retail organization, operates stores, Websites, and mobile applications. The company sells a range of merchandise, including apparel and accessories for men, women, and children; cosmetics; home furnishings; and other consumer goods. As of April 1, 2019, it operated approximately 680 department stores under the Macy's and Bloomingdale's names; and 190 specialty stores The bull case? -The company has good profit margins for a retail. -The company has good debt to capital because they sold a lot of real-estate a few years ago. - Could get a dead cat bounce (lol) - I've noticed that Yacktman Hedge fund started acquiring over 20% of macy shares.( this is one of those long term investment companies, kinda like Berkshire and warren buffet style, they look for value) -Lastly they got a good online store and ladies love to shop! shopaholics gonna be shopaholics. (I mean that's why i invest in the market, so i can make extra money for my lady to buy stuff lol) The bear case? -retail sector has been going down hill -Corona shutdown gonna affect their revenue this year by 25% easily so we'll be looking at breakeven for them this year. we can bear case all day for sure but that's some of the main ones, so know your risk! So what's my play? picking some up around the $5 range, gonna add a trailing stop-loss at $1 below ( trailing stop means at $4 stoploss, if you don't know, just msg me)
NYSE:MLong
by WallSt007
2
Long-term Investment #ADIDASSportswear manufacturer #ADIDAS dropped overall -47% after they had to close their local shops cause of Covid and got terrible expectations for Sales. If we comparing the blue indicator (TEXTILES & APPARELS Index - TSE/TXA) in the chart we can see that we already reached the bottom of the crash (maybe). And the white indicator (Nike) give us a picture what stock growth we could expect. I´m calculating with a fulfilling channel run, good risk/award ratio as a long-term investment. Your Sincerely Christian S.
XETR:ADSLong
by Chrlstlan
1
Elliott Wave View: Nike Rally Expected to FailNike (Ticker: NKE) shows an incomplete sequence from January 22, 2020 high suggesting further downside is likely. The decline from January 22 high is unfolding as a double three Elliott Wave structure where wave ((W)) ended at 85.15 and wave ((X)) ended at 94.98. The stock has resumed lower within wave ((Y)) and the internal of wave ((Y)) subdivided as a zigzag structure. Down from March 3 wave ((X)) high at 94.99, wave 1 ended at 90.57 and wave 2 bounce ended at 93.79. The stock then resumed lower in wave 3 towards 85.88 and bounce in wave 4 ended at 88.67. The final leg wave 5 ended at 80.92 and this also completed wave (A). Wave (B) rally is now in progress to correct cycle from March 3 high before the decline resumes. Expect rally to complete at 87.79 – 91.38 area and stock to resume lower. We don’t like buying the stock. As far as pivot at 94.99 high stays intact, expect rally in Nike to fail in the sequence of 3, 7, or 11 swing for more downside. Potential target lower is 100% – 123.6% Fibonacci extension from January 22 high which comes at 69.93 – 74.7.
NYSE:NKE
by Elliottwave-Forecast