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NIKE34 trade ideas

Nike opinionGood time of day, my followers and readers. Today I wanna talk about Nike as interesting stock. So, good news are: 1) Nike all this years had good financial results, have big competetive advantage. Revenues growth without big growth of administrative costs 2) Even with last 2020 year and COVID-19 pandemic, company shows good results 3) Overall financial safety, even with big debts 4) Company management allowed short-term investing to stabilise company from COVID-19 aftermath.Inventories become smaller. Bad news at now are: 1) China's boycot. If conflict escalation will continue, Nike and many other companies can lost one of the biggest markets in the world. (but at the same time just need to wait and watch) 2) Now Nike's value is overvalued, and earlier or later will go back, but all of that will depend from markets value opinion. And for next 2 month will published new 10-Q statement. So, it will be higher volatility. And interesting, that in the end of december of 2020 insiders sold very big ammount of stocks - more then 1 million. And all insider sellings were big enough. So at my opinion we can wait for growth of prices in waiting new 10-Q report, but at the same time be careful with speculating and investing in this company. From one hand, we can expect growth before publishing of new statement, from other hand - we can expect, that company will fall down and back to the fair value area (now it is nearly from 98 to 103 $) That is just autor opinion, no recomends. All investing involve risk of loosing part or all invested resources, past success doesn't guarantee future success.
NYSE:NKE
by ValueInvest_Pro
6
Are markets truly a random walk?You might have seen in the news that Nike has dropped by as much as -4% after they, along with H&M, came under fire following accusations of forced Labour in Xinjiang resulting in a brand boycott in China. This got me thinking about something i read somewhere. Is the stock market truly a 'Random walk' or is there some level of legitimate predictability? A truly random walk would mean that it is not possible to predict the direction of a stock, and may only present the illusion of predictability through chanced success. However, as we can see here technical analysis presents the formation of rectangle top. This would imply that investors anticipated some sort of impulsive move in the near future. If i recall correctly from some reading i was recommended break out can occur in either direction although tend to signal continuation in bull markets with an 11% fail rate. I wonder, was the brand boycott simply an unforeseen chance event the market responded to, thus making the market a random walk (no one could have foreseen this event without insider trading)? Or could the market have predicted the boycott/news event in some way (as could be argued based on this technical analysis pattern)? Can one really predict the direction of a stock at all? Idk just got me thinking
NYSE:NKE
by Jhol01
NIKE Stock 16/03/21 Analysis 4H ChartNYSE:NKE - Trend Analysis - 📑Value: 0/20 📈Growth: 18/20 💰Profitability: 20/20 🚀Momentum: 8/20 💸Earnings: 16/20 🖇️Total Score: 62/100 Analysis: Low: $41 Average: $72.83 High: $105 Current: $72.96 Data: Volume 3.74M Average Volume (3 months) 5.71M Previous Close $144.94 Open $145.88 Shares Outstanding 1.27B Technicals: (Simple Moving Average) 10D SMA $137.13 (+5.55%) 50D SMA $139.63 (+3.67) 200D SMA $122.39 (+18.27%) Market Cap $221.42B Total Debt $12.80B Cash $11.81B Enterprise Value $222.41B Dividend Yield 0.76% Annual Payout $1.10 Payout Ratio 36.88% Years of Growth 19 Years Latest Announced Dividend $0.28 Ex-Dividend Date 26/02/2021 Payout Date 01/04/2021 Revenue $38.25B Gross Profit $16.44B Net Income $2.83B EPS Diluted $1.77 Free Cash Flow / Share $2.32
NYSE:NKELong
by investor_kings
Nike Is Trying to Break Out Before EarningsNike has taken a long pause, but now the sneaker giant may be trying to break out with earnings due Thursday afternoon. NKE beat estimates on December 21, eliciting a wave of bullish analyst notes. However the stock rallied before the report, and proceeded to ease lower for the next 2-1/2 months. The result has been a price channel with a slight downward slope. Given its big run off last year's, that’s starting to resemble a long bullish flag. (Notice the similar pattern between September and November – also following a strong quarterly report.) Interesting things happened on March 5. NKE briefly undercut its January low and tested levels previously seen in mid-November. The shares came surging back to end the session in the green, resulting in a false breakdown and bullish hammer. They kept running from that point and yesterday managed to close above the top of the descending channel. Given NKE’s exposure to the economic reopening and strong results lately, traders may expect more good news this week. Related names like Foot Locker, Under Armour and Skechers USA have also been hitting new highs. TradeStation is a pioneer in the trading industry, providing access to stocks, options, futures and cryptocurrencies. See our Overview for more.
NYSE:NKELong
by TradeStation
6
Day Trade $133 strike price I see NKE hitting $133 no later than Friday, however... Technical analysis shows we are due for an imminent dip and it will be a hard dip, here's why. Strong sell signals indicated by guth 3x triple confirm, which has pretty decent accuracy D+ showing a red cloud above the candles indicating strong bearish divergence Resistance has just been met as indicated by the Kurutoga cloud ( teal cloud beneath the candles ) MACD shows weakening bullish divergence RSI is also pretty high compared to its previous low My plan is to buy at open, let fall a few dollars and sell for a quick 50% profit. Comment your thoughts below
NYSE:NKEShort
by Myantman101
12
Put Put2021 account is growing! Mega portfolio includes some options trading to generate some cash to invest in common stock and I see a perfect opportunity here with NKE. Based on Mondays performance we can see that bullish strength is weakening based on the MACD. RSI also shows room for decline to 50 or lower, while there is a sell signal on 3x confirm. D+ shows growing bearish divergence so strong that I believe it will break below the support level of $136.26 as indicated by the Kurotoga Cloud. I am giving 4 days for NKE to hit $125 a share. Like if you agree or like the analysis overall, and comment your thoughts below.
NYSE:NKEShort
by Myantman101
5