nike expection move 80%the macd and bull pattern
the fibo expection 0.618
like share and follow if it was usefull
NKE trade ideas
NKE/Nike has BUY positionAs you can see after breaking those purple areas, Its a good entry point, but price might have some struggles after reaching the second purple cluster. So after breaking it, it would be another good entry point.
NIKE INCNIKE INC
knows this month as a bullish wave and will also continue to rise, which increases the opportunity to buy during this month and even the coming months
Nike Long to 130.90 if breaches 129.18If you look at the volume profile the POC ended at the days high with the high volume bar right at the end of the day. There is resistance at 129.18 , next stop at 130.90
Nike... Just "Trade" It ?Nike NYSE:NKE is trading close to its 21 day EMA. There could be potential for a bullish pullback near the 21 day EMA since its rally from the last pullback on September 22nd was quite successful. Of course, past performance does not indicate future results... We will continue to monitor NKE to see which way it goes.
good long heresafe to get calls as long as the bottom trend line holds, i may look for a entry here soon !
NKEBased on my analysis:
1. NKE reached All Time High at 130.93 USD (08102020).
2. I believe NKE at excess phase (based on fibo).
3. I expect NKE will going down and reach 120-119 USD.
4. Overall, NKE is a uptrend stock (MA20, 50 & 200).
Syeikh Hafiz
Stock Market Analyst
NKE short, In Supply Zone 60 min chart: In Supply Zone
Daily chart: double top, and RSI Divergence
Short Entry 130
Stop 131
Target 127; reward:risk=3:1
Target 123; reward:risk=7:1
Target 117; reward:risk=13:1
I am not a PRO trader. I need few months to practice trading strategies.
If you like this idea, please use SIM/Demo account to try it, until my trading plans get high winning rate.
Buy put at Resistance level.I will be buying a put at the 130.38 monthly resistance level. My target exit will be around that 127.10 level and stop loss will be at 131.50. This is where im comfortable at but choose your stop loss based on your own risk tolerance.
Nike Up Over 10%Since the last Nike post, price has moved up 10.4% and continues to demonstrate strength in the market.
Nike had its earnings release on September 22nd which had a positive effect on price as we saw a jump
from $116 to $130 overnight, adding increased profits to its shareholders.
That gap up in price was followed by a decline/pullback and price now appears to have found support
because we are seeing a continuation of the bullish momentum.
Price broke out of consolidation in early August and has trended well so far, using the 20 simple
moving average as support. When price uses the 20sma, it helps to confirm if we are seeing a linear
trend in play.
As the current pullback is showing strength, we are now anticipating a breakout above the recent high
at $130. A break and close above this level will confirm a continuation to the upside and offer us some
high probability long opportunities.
See below for more information on our trading techniques.
As always, keep it simple, keep it Sublime.
NKE Starting to fall below Moving AVGOn the 4 hour chart, NKE is just about to dip below the moving average. This relative strength index shows that it is sitting high near 70. We should be expecting to see a sell signal relatively soon.
Disclaimer: I am not an expert, I am just starting to grasp meaning behind these indicators and by no means making recommendations. I trade at my own risk and so should you.
NKE Swing Idea
NKE showing strength on a relative basis compared to the S&P 500 index ( SPCFD:SPX )
Strong recent earnings reaction (+8% on earnings day) with new all-time high
Consumer Discretionary ( SPCFD:S5COND ) has been outperforming the SPX on a relative basis while trading above the 200-day moving average (indication of an up-trend)
Solid dip buy opportunity with limited downside risk using 122.50 as a stop.
NKE - 2 PossibiitiesScneario 1 - Goes back up to the Supply Zone
Scenario 2- Goes down to the Demand Zone/ or Fills Gap before bouncing back up.
SLIGHTLY BULLISH ON NKEHi community!
Here I´m shearing my thoughts on NKE.
Looking for a bounce from the retest of upper side of this ascending channel.
Selling some premium with the put spread near the actual price and the call spread far away just working as a buffer in case needed.
