$NKE with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $NKE after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 60%.
NKE trade ideas
NIKE LONGS!Nike longs!
Nike (NKE) has surged over 12% in the premarket after the athletic footwear and apparel maker reported better-than-expected quarterly results and raised its revenue forecast.
Price action has formed an inverse head and shoulders pattern, looking for the price to run back towards $150, as we look to break out of the bearish market structure via the weekly.
NKE hitting MAJOR clusterWhat an interesting chart.
After price hit the 200 Daily SMA with a triple tap (divergence pattern), price has just arrived at a major support cluster where the Monthly Pivot, the 100 SMA and a previous support area meet. Below, the big round number 100 is waiting closely too.
A pullback into the 200 Daily SMA during the current year*s dowtrend is usuaully foreshadowing more bearishness to come. But the big support cluster will require some sort of catalyst in order for the price to break below it. And since we are heading into the last week of trading this year, I don´t see anything on the horizon. A sideways drift seems likely.
Below 100, the price will have quite some room thouhg.
Nike: 3 Black Crows with Hidden Bearish Divergence Earnings PlayNike is yet to release their earnings but they will be releasing them tomorrow and i'm anticipating that whatever they are will result in a downwards move towards the $65 area; I will be playing this move via Buying of the January and February $80 Puts and Selling the $100 January 20th calls.
$NKE has taken out my first price target on the daily $NKE has taken out my first price target on the daily and headed towards the $102.92 PL, then towards the gap fill at the 99.58 PL
NYSE:NKE
NKE NIKE Options Ahead Of EarningsLooking at the NKE NIKE options chain, i would buy the $100 strike price Calls with
2022-10-21 expiration date for about
$3.45 premium.
Looking forward to read your opinion about it.
NKE - Could have bottomed?NKE tested bounced off a longer term horizontal support zone ($99 - $103) several times in the last 3 months and is now trading within a symmetrical wedge pattern. This could be both a continuation or reversal pattern depending on which side it broke out eventually.
However, I suspect the eventual break will be more likely to the upside as the resistence turned support zone ($99-$103) has been holding up in the past few months, plus a bullish divergence can be seen in the monthly chart.
Earnings expected on 29 Sep AMC. Guess we'll know by then where it is heading!
Disclaimer: Just my 2 cents and not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Take care and Good Luck!
NKE long because of cup and handle.NKE has perfectly completed cup and handle pattern and has started to go higher. Perfect time to long in my opinion.
I have mentioned my entry, stoploss and take profit levels.
You can share your thoughts, give suggestion or ask any questions in the comments.
NKE LongThe all time uptrend of Nike has been supported by the EMA 100 on the monthly chart several times. Furthermore the current correction has formed a bullish flag, which we are starting to break out of. The daily 200 EMA could act as short term resistance, but overall I think Nike has the potential to move substantially higher in the future.
NKE - Just do itNike Inc - Intraday - We look to Buy at 99.72 (stop at 91.56)
Broken out of the channel formation to the upside. We have a Gap open at 99.72 from 10/11/2022 to 11/11/2022. Further upside is expected although we prefer to buy into dips close to the 99.72 level. Expect trading to remain mixed and volatile.
Our profit targets will be 118.44 and 139.00
Resistance: 109.31 / 113.36 / 118.47
Support: 99.72 / 92.10 / 82.22
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$NKE: Bottom signal in the weekly chart$NKE has a very interesting basing pattern and reversal signal, according to weekly Time@Mode analysis here, while being down 40% from the top. A rare juncture, for a very valuable brand. Definitely an interesting setup here for mid to long term trade.
Best of luck!
Ivan Labrie.
Shorting Nike Dead cat bounce in a bearish market, Nike hits a strong resistance ,from $105 shorting until $85. The volume does not support a reversal.
Nike Is she gearing up to get back into breakdown of large symetrical trinagle previous support? Or are we just retesting it at resitamce ? If it
Does reclaim 107 as support then targeting 111 as downtrendinf resiatnce if we fail to reclaim the. I’d watch 99.40 to see if
That can now become support of trend
Nike Going Long with the help of Support levelsAfter completing the bearish trend and with the help of providing support from buyers the price will increase again and a bullish trend starts now.
November Gainers (NKE, account up 1%)8th gainer in November is NKE . Holding period is 44 days (9/28/22-11/11/22). Account up 1%.
This month till today, my account is up 7%, average holding period is 21 days.
My trading method is mostly short term and is independent of market swings.
Will keep updating on my trades.
NKE is in downtrendNKE is in downtrend so it seems like a good time to short it. Stoploss is mentioned on the chart which is previous high. I will take entry when it comes a little high and then make first bearish candlestick.
#NIKE to 123$? Just do it!Hello dear Traders,
Here is my idea for #NKE
Price closed above yellow line (previous month high)
Price closed (15min Chart) above purple trigger line to enter trade.
Targets marked in the chart (black lines)
Invalidation level marked with red line
Good luck!
❤️Please feel free to ask any question in comments. I will try to answer all! Thank you.
Please, support my work with like, thank you!❤️
NKE // wedge indicatorLet's wait for the closing of the wedge indicator in the daily time frame. In the weekly and monthly time frame, the wedge indicator appears as resistance.
NKE weekly bearish hammerOrder SELL NKE NYSE Stop 81.25 LMT 81.25 will be automatically canceled at 20230401 01:00:00 EST
NKE weekly bearish hammer stop loss above long day candle.
NIKE Friday, 21 October 2022
23:50 PM (WIB)
NIKE has lifetime contract agreements with Michael Jordan and Cristiano Ronaldo.
I would prefer to join the trade as a bull when the price reaches the ascending support lines around $61
Nike to 70?still nothing is clear, it is not a flag, maybe it will be a pennant or a triangle in the future, for now I look, but I am very interested in entering because the targets could be 78 and 70
support 90 is seriously in trouble
the volumes of September 30 could confirm a break-away Gap
