NKE (NIKE, Inc.) BUY TF D1 TP = 94.49On the D1 chart the trend started on Aug. 1 (linear regression channel).
There is a high probability of profit taking. Possible take profit level is 94.49
This level, which I have outlined above, is certainly not a “finish” level. But it is the level that has the “highest percentage of hits on target.”
Using a trailing stop is also a good idea!
Please leave your feedback, your opinion. I am very interested in it. Thank you!
Good luck!
Regards, WeBelievelnTrading
Nkelong
The Trend Is Your Friend... NYSE:NKE
FROM MY PRESPECTIVE!!!
Recently it just bounced off of its' sloping support... Heading into earnings Running Uphill...
Where does it go from the bounce off its' support? You're right, Uphill Towards Resistance!!!
You see the numbers, make an educated decision and don't blame me... I'm just here sharing what I see... Please, tell me, what do you see???
I am comfortable with both 88C expiring 9/27 and 88C expiring 10/4, 3 days after earnings!!!
$Nke 85c aug 9 exp OLYMPIC PUMP Nike saw a slash in price from $94- $74 after a drop in annual sales.
After this drop we saw a consolidation at $74.79s and a bottom was formed.
We do need to clean break above $77 to bring in more volume
76.76- 77.47 is our volume box.
I believe in Nike. IT is a staple of American Sports and athletic apparel.
I am looking to buy $85-$87 calls for Early Aug exp. I will roll these calls for the duration of the 2024 Olympic games. We may not fill the entire $20 gap but 50% at $85 is very achievable.
Nike is still listed as a sell on TV indicators but we will be early to the breakout and nicely rewarded.
Patience. Discipline. Consistency.
This is not financial advice and please do your own due diligence and research prior to entering.
Current Price $75.47
Target Price $85.50
#Nke
Is Nike's accumulation nearing an end? This idea is based on Wyckoff's method for calculating target objectives using the Point & Figure chart. The premise behind it is that NKE's shares are currently being accumulated prior to a break out that will go beyond all time highs.
All other information is on the chart.
NKE Buy TF H1. TP = 111.70On the hour chart the trend started on June 1 (linear regression channel).
There is a high probability of profit. A possible take profit level is 111.70
But do not forget about SL = 102.72
Using a trailing stop is also a good idea!
Please leave your feedback, your opinion. I am very interested. Thank you!
Good luck!
Regards, WeBelieveInTrading
Nike to turnaround?Nike - 30d expiry - We look to Buy a break of 109.31 (stop at 105.31)
The primary trend remains bullish.
This is currently an actively traded stock.
The stock is expected to outperform in its sector.
We are trading at oversold extremes.
Prices have reacted from 102.90.
The bias is to break to the upside.
Our profit targets will be 119.31 and 121.31
Resistance: 109.10 / 113.00 / 116.00
Support: 105.00 / 102.90 / 100.00
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a valuable oversold company!!! (Long)Strong consumer demand has been the main source of confidence in the world's largest economy in the post-pandemic environment. Even as the Federal Reserve embarked on its most aggressive monetary tightening cycle in decades, many economists argued that a soft landing was still possible, given significant pent-up demand for consumer goods such as shoes, clothing and cars.
But yesterday's report from Nike (NYSE:NKE) revealed that the strongest pillar of the US economy could be in jeopardy as consumers face a double whammy in the form of high inflation and rising interest rates. }}.
The world's largest sporting goods company told investors yesterday that it is grappling with a huge pile of unsold products, forcing it to offer aggressive discounts and squeeze margins.
On Thursday, the Oregon-based company said global inventories had risen 44% to $9.7 billion in the quarter ended Aug. 30. In North America, the company's largest market, they increased 65% compared to the previous year, mainly due to slowing demand and delayed shipments.
In this context, Nike will see its margins erode, falling between 200 and 250 basis points this fiscal year; the previous estimate was that margins would remain flat or decline by 50 basis points, at most.
The company's minimum considering targets on Wallstreet is $88 according to Tipranks. which the average cost of the shares is $114.
then we set the next objectives to follow according to the profitability of the company. (Let's go long).
Objectives:
tp1-$93
tp2-$103
tp3-$113
NKE - Strong Uptrend ContinuationGreen line shows the dominant bullish trend, this extends back for awhile
White line shows apparent downtrend, with a nice falling wedge to allow for the breakout to the upside and hence continuation
I expect price short term to rise back to dotted orange line, this is shown with bars pattern
Nike sitting on 20-year support lineJust an observation: Nike (NKE) is currently sitting on the Fibonacci Bollinger Band (FBB) plot line that has generally acted as support for the past 20 years. The weekly candles are printing long lower wicks which could suggest a bullish reversal is building along this line. The yearly chart is not overextended and fitting perfectly on multiple linear log trend lines that stretch back decades. Seems like a warning to those who are selling or shorting Nike at this level. Anyone feel differently?
Not financial advice.
NKE - STOCKS - 18. OCT. 2021Welcome to our Weekly V2-Trade Setup ( NKE ) !
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4 HOUR
Bullish closure.
DAILY
Nice price action in most timeframes.
WEEKLY
Expecting more bullish pa
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STOCK SETUP
BUY NKE
ENTRY LEVEL @ 158.24
SL @ 149.98
TP @ Open
Max Risk: 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
NKE time for reversal?$NKE 2HR CHART-
NKE had a nice double bottom and is currently going for that retest of the downtrend resistance (pink). Also has a nice gap fill at 132, eyeing the volume on the breakout for momentum to carry it to the next supply zone at 136. Under 125 would invalidate this idea.
NKE - STOCKS - 12. APR. 2021Welcome to our weekly trade setup ( NKE )!
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4 HOUR
Bullish market turnover.
DAILY
Overall bullish market structure..
WEEKLY
Expecting a break above main resistance level.
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STOCKS SETUP
BUY NKE
ENTRY LEVEL @ 135.09
SL @ 132.96
TP @ Open
Max Risk: 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
NKE to break higher on technicals and earningsNike had a good earnings report this past quarter beating over 100% of the analysts' expectations on some strong volume too. We can see the potential of the break of the top on these higher lows as well.
The current resistance is at $130-$131 where we have see the level get tested time and time again on strong bullish momentum and candles, meaning whoever is stopping form price moving through that level has a lot of stops hidden above. That buy stop run could open up price aggressively to the first target at $145.00 or so.
There is the possibility we pullback to close the gap or into the $123 support too before rocketing higher. The higher probability move is the breakout though. With the potential Santa Claus rally coming through and the elections resolving some of the uncertainty in the market, it would see that retail especially online retail may get a nice push this year due to quarantine as well.
This idea is for educational purposes only, should not be taken as investment advice or trading advice.