NKE Short position 20241107Trade NKE Short
Downtrend, high on the curve at a strong, fresh demand zone.
Key facts today
0.865 USD
3.58 B USD
32.31 B USD
About Nike
Sector
Industry
CEO
Elliott J. Hill
Website
Headquarters
Beaverton
Founded
1964
ISIN
ARDEUT111341
FIGI
BBG000HG0S03
NIKE, Inc. engages in the design, development, marketing, and sale of athletic footwear, apparel, accessories, equipment, and services. It operates through the following segments: North America, Europe, Middle East, and Africa, Greater China, Asia Pacific and Latin America, Global Brand Divisions, Converse, and Corporate. The North America, Europe, Middle East, and Africa, Greater China, Asia Pacific and Latin America segments refers to the design, development, marketing, and selling of athletic footwear, apparel, and equipment. The Global Brand Divisions represent its NIKE Brand licensing businesses. The Converse segment designs, markets, licenses, and sells casual sneakers, apparel, and accessories. The Corporate segment consists of unallocated general and administrative expenses. The company was founded by William Jay Bowerman and Philip Hampson Knight on January 25, 1964 and is headquartered in Beaverton, OR.
Closing the Gap and restartingPrice will probably continue to drop heading 69$ zone where a GAP is waiting to be filled
Bottom of purple channel will be touched again and an uptrend will probably follow
Confirmation by closing over red channel
NKE D1 Long Buy Entry @ 84.10
S/L @ 70.82
T/P @ 97.32
R.R.R. @ 1/1
Pure Price Action analysis based on Breakout of target level.
Nik by Dl InvestHello community,
A little daily analysis in log scale, because I use the "Adaptive Trend Finder" and "Price Action Ultimate" indicator.
The channel is bearish.
I drew a Fibonacci retracement in log, to see if there is a golden zone.
If the theory works, we have a target around $90.62.
Nothing says
Potential Bear Flag in NikeNike has been under pressure since late 2023, and now some traders may look for bearish momentum into year-end.
The first pattern on today's chart is the price area around $88.66. The athletic-apparel stock bottomed there in September 2023 and April 2024. It peaked in the same zone last month befor
Nike Support Zone: Potential Buy OpportunityIf Nike’s price returns to the green support zone, it could present a great buying opportunity. This level has shown strength before, and I believe that buyers could step back in, leading to a potential rebound from this area. Keep an eye on this zone, as it could signal a shift in momentum with the
WHY I'M BUYING NIKE STOCK IN 2025 (October 17, 2024)A video explaining why NYSE:NKE potentially has a once in a 40 year buying opportunity, & what I'm personally doing to potentially take advantage of what's next for Nike Stock!!
Nike - Catch this reversal!NYSE:NKE continues its overall uptrend despite the recent drop of -60% to the downside.
All you need in order to catch the reversal of the decade is simply one line: a support trendline. Nike is currently approaching a support trendline, which has been sending prices higher for the past 30 years
nke - just do itlong since 81$. If trend holds this would be a nice short term trade. But NKE is also highly undervalued for a long term position so 2 birds with one stone type a thing.
See all ideas
Displays a symbol's price movements over previous years to identify recurring trends.
Curated watchlists where NKED is featured.
