NIKE, INCA beautiful, very strong and powerful climb as he penetrated the good price channel and in case of closing it over it we can see it at the specific viewing area that is considered a target
NIKE34 trade ideas
$NKE Analysis, Key Levels, and Targets - REQUEST$NKE Analysis, Key Levels, and Targets - REQUEST
I have no position here… just doing an analysis for my friend @Dirty_Money88
Interesting. First thing I see right away is MacD curling up… on the weekly… BUT also remember that macD is way under the centerline so still bearish, but with a bullish twist… Sentiment has been getting lower week over week…
It looks like the 200MA was defended… and the MA’s are moving up….
I'd probably sell some puts around 20 delta around here... 😏
AnalysisHi! Here, we have a breakout as you see on the chart the resistance line so we will have a high probability of an uptrend.thanks.
Pulse candleAs you can see on the chart we have an impulse candle which has forcefully broken the vwap indicator, hence an uptrend with high volume support. Thanks.
AnalysisHello! As you see on the chart we will have a big probability of a downtrend if we have a breakout with force the support line by a big candle with a large volume because the support line is more important than the resistance line. But there may be a continuation of the uptrend if the vwap and resistance line were forcefully broken by a large green candle and accompanied by large green volume.
nke 2 scenarios nke 2 scenarios .. 1] buy after the break above the resistance 1 and 50ma .. 2] sell after the break under the support level and follow the downtrend channel ..
Nike monthly Long but possible another correction Nike in logarithmic monthly chart . In daily chart possible continues correction until dynamic support line
Watch for swing trade - going up or back down to channel bottomThe red oval is from a previous post when I made a swing put trade. Now price is just sitting above channel. This will provide a good move either back to 110+ or below 100.
$NKE - the time has come$NKE is going to bust. It found a bottom, even if its temporary.
Entry around $101 would be nice but I dont know if we will see that.
Anything in the $105 area is also good. Hold for 10% on the swing and cash out.
Ready for tomorrow? NKE prediction for the next few days This is not financial and I barely, if at all, know what I am doing. But, please follow if you like my predictions.
I thought I would chart NKE because Cramer talked about it the other day and it's fun to watch his inverses. He said Nike was a good buy at the end of last week.
I figured with an economy that is in a recession (not technically), inflation out of control, supply issues, and Covid over in China that this would be a good opportunity to predict a severe downtrend.
There really isn't much in the chart that needs to be stated. The trend is really bad. It is on a steep downtrend and I am expecting a much more serious dip before the middle of July.
The only support I see in the long run is at about $95. If it breaks $95 then I could see an even stronger dip to $65. The last time it was at this level was in 2020. It is already making new lows.
$NKE Analysis, Key levels & Targets$NKE Analysis, Key levels & Targets
Just an observation that since 1989, the 100EMA has been a consistent support for NKE. That would take it to 90.14 today, but that number might be different when it actually crosses…
I have my alerts set…
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I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
IF you need anything analyzed Technically just comment with the Ticker and I’ll do it as soon as possible…
$NKE Iron Condor IdeaAfter being struck down -7% post ER and general weak market, I like the idea of selling puts on NKE via an Iron Condor (bull put spread and bear call spread).
With a demand zone 95-100 area, I opened 2x position 100/95p bull spread and 1x position 125/130c bear spreads with another 1x to be added on next green week ( assuming we get one) to capture better call premium .
Opex a few months out will give this trade idea time to work and capture more premium.
If you're more bearish than I on this name, an idea would be to adjust the calls closer to the underlying , say 110/115, however after today's purge I favor the probability on the upside hence the 2x put spread
Iron condors are nice because you can adjust the position as the stock moves (adding more legs, etc. ) with the trade making max profit if Nike is between 100 and 125 in the coming months.
Cheers
NIKE INC expected next possible moves Elliot WaveNIKE INC expected next possible moves Elliot Wave Analysis
$NKE with a Bearish outlook following its earnings #Stocks The PEAD projected a Bearish outlook for $NKE after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 50%.
Nike: Air Jordans in murky Asian watersNike
Short Term - We look to Sell at 110.32 (stop at 118.64)
The company built caution into 2023 guidance on fears of more China Covid lockdowns. Trades with a bearish descending triangle formation. The bias is to break to the downside. We look to sell rallies. The measured move target is 83.50.
Our profit targets will be 83.50 and 75.00
Resistance: 115.00 / 120.00 / 140.00
Support: 105.00 / 95.00 / 83.00
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Earnings watch 6/27-6/30Earnings watch 6/27-6/30:
6/27
NKE
JEF
6/29
BBBY
GIS
PAYX
MKC
FC
6/30
WBA
STZ
MU
Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends...
*3x lucky 7s of trading*
7pt Trading compass:
Price action, entry/exit
Volume average/direction
Trend, patterns, momentum
Newsworthy current events
Revenue
Earnings
Balance sheet
7 Common mistakes:
+5% portfolio trades, capital risk management
Beware of analyst's motives
Emotions & Opinions
FOMO : bad timing, the market is ruthless, be shrewd
Lack of planning & discipline
Forgetting restraint
Obdurate repetitive errors, no adaptation
7 Important tools:
Trading View app!, Brokerage UI
Accurate indicators & settings
Wide screen monitor/s
Trading log (pencil & graph paper)
Big, organized desk
Reading books, playing chess
Sorted watch-list
Checkout my indicators:
Fibonacci VIP - volume
Fibonacci MA7 - price
pi RSI - trend momentum
TTC - trend channel
AlertiT - notification
tickerTracker - MFI Oscillator
www.tradingview.com
Nike Bullish Reaction From Weekly SupportIn this update we review the recent price action in NIke and identify the next high probability trading pattern and price objectives to target
Analyse for price acting, Nike #NKEMy take on Nike, so this analyse shows that it can go up or down or do any randomly unexpected things that the market wants.
NIKE Inc (BUY)Nike could make us happy in the next few days if the RSI breaks the 50 zone and we have a rebound.
Explanations on the graph.
NKELooks like we may be retracing from the previous C wave. Sell volume decreasing on the last two candles with some bull volume coming in on the current candle. RSI is in oversold territory on the weekly, daily, and 8 hour. Current candle is a flat bottom so far. MacD may also be losing momentum. The current candle has formed bullish right after an indecision candle at a support area. Strong wickage at this level looking back towards May 12th. Looking to see if we can retrace 1 to 80% of previous high a month or more out. Let's see what happens! Might be a good idea to wait until next week. The market been green the last two days.
What do you think? Let's have a great day!
