NKE trade ideas
Nike buyNike Buy
Confirmations, confluences of zones
3M - Lower quadrant of the Dealing Range
- Reacting on 50% of the last quandrant, bodies respecting
- Bodies respecting the traversing FVG
Daily
- Shift of the structure with momemtum on these zones
- Bearish Daily Trendline to be upset
News/October earnings positive pushed the price lower in this key zone and took the key lows on left side, taking enough fuel to propulse the price higher
Nike BuyNike Buy
Confirmations, confluences of zones :
3M
- Lower quadrant of the Dealing Range
- Reacting on 50% of the last quandrant, bodies respecting
- Bodies respecting the traversing FVG
Daily
- Shift of the structure with momemtum on these zones
- Bearish Daily Trendline to be upset
News/October earnings positive pushed the price lower in this key zone and took the key lows on left side, taking enough fuel to propulse the price higher
NIKE: A 40 YEAR BUYING OPPORTUNITY? (November 23, 2024)Another video on Nike stock looking at some new data suggesting further that this is a once every 40 year buying opportunity
NIKE: One of the largest brands on this planet! BUY NOWNIKE: One of the largest brands on this planet! BUY NOW! 50% Upside Ahead
If you believe Nike is a dying company or will lose to HOKA, ON, and whoever else as the years roll on you clearly haven't studied Nike hard enough and seen the continued destruction of EVERY SINGLE brand to try and fight them...Adidas, Under Armor, Puma, New Balance, Asics, Brooks, etc. etc. etc. The LIST WILL INDEED continue.
This name is not a H5 Setup...YET. But, I'm adding it to my watchlist as we have a beautiful Inverse H&S, Sitting on a Volume Shelf, Wr% divergence, and a Hammer Candle which typically means a reversal of a downtrend. All on the weekly chart!
I believe that Value and Dividend names will be the hot ticket stocks in 2025 due to how beaten down they all are and so much treasury and high-interest savings money flowing into the markets, choosing this category of stocks to be on the safer side as that is the type.
Once we get the BULLISH Green BUY signal on the H5 Indicator, it's all over, and you will not see Nike at these levels, most likely EVER AGAIN! You all realize Nike has a large MOAT and is one of the most prolific brands on the planet, right?! Ok, good, I thought you forgot!
Will update once we get the flip to a BUY! Will begin adding in my LT portfolio now due to the value on this company at these levels right now though.
NFA
Outlook for NikeNike, Inc. (NKE) - Potential Bullish Reversal Outlook
Here’s a detailed explanation of why the illustrated outlook could be plausible, assuming Nike delivers good results in the coming years:
1. Technical Analysis
Descending Channel Breakout Potential: The stock has been trading within a descending channel for an extended period, indicating a longer-term downtrend. However, it is approaching the lower boundary of this channel, which often acts as strong support. A breakout upwards could signal a reversal.
Horizontal Support: The current price is near a significant horizontal support zone (~$74-75). This level has held multiple times in the past, suggesting strong buying interest.
Moving Averages:
Long-term moving averages (e.g., 200-month SMA) are approaching the price and may act as dynamic support.
If the stock reclaims and trades above shorter-term moving averages (50- and 100-month SMA), it would strengthen the bullish case.
Volume Patterns: Increased trading volume near support indicates heightened buyer interest, potentially signaling a rebound.
2. Fundamental Outlook
Resilience of Nike's Brand: Nike remains a market leader in athletic footwear and apparel. Continued innovation and strong brand equity should help sustain growth.
Growth in Emerging Markets: Nike's expansion in emerging markets offers significant growth opportunities due to rising disposable incomes and demand for premium brands.
Direct-to-Consumer Transition: Nike's focus on e-commerce and DTC channels is a positive shift, enhancing margins and operational efficiency.
3. Macroeconomic Conditions
Moderating inflation and recovering consumer spending could lead to increased discretionary spending on premium products like Nike's.
A stronger macro environment would also support a broader market recovery, helping Nike's stock price.
4. Potential Scenarios
Bullish Case:
Positive earnings surprises could lead to a breakout of the descending channel and start a new uptrend.
Targets align with prior resistance zones (~$100, $120, $140).
Stochastic indicators suggest oversold conditions, increasing the likelihood of a reversal.
Bearish Risk:
If $74 support fails, the next significant support is near $63. However, this seems less likely given the strong historical support at current levels.
5. Conclusion
This potential outlook reflects a combination of technical setups and long-term growth expectations. If Nike executes on its strategic initiatives (DTC growth, market expansion, and maintaining leadership) and macroeconomic conditions improve, the stock could recover and return to previous highs over the next few years. The outlined targets align with technical resistance levels, making them reasonable milestones for a multi-year bullish scenario.
Closing the Gap and restartingPrice will probably continue to drop heading 69$ 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 Short position 20241107Trade NKE Short
Downtrend, high on the curve at a strong, fresh demand zone.
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 that the title will rebound, change of CEO, so we can hope for change in a while.
Make your opinion, before placing an order.
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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 before dropping. Has old support become new resistance?
Second is the series of higher lows since August. NKE has been pushing against that trend line recently, which may create potential for a bear-flag breakdown. The 50-day simple moving average (SMA) is in roughly the same place.
Next, NKE gapped lower after its last quarterly report on October 1. Since then, it's been unable to fill the resulting space on its chart.
Finally, the stock is slipping back below its falling 100-day SMA. The 8-day exponential moving average (EMA) has also remained below the 21-day EMA. Those signals may reflect bearishness in the long and short terms.
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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 return of bullish activity.
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. Just this fact alone makes me believe that we will see (much) higher prices on Nike over the next couple of weeks and months, but we still need bullish confirmation first!
Levels to watch: $70
Keep your long term vision,
Philip - BasicTrading
nke - just do itlong since 81$. 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.
NKE (NIKE, Inc.) BUY TF D1 TP = 94.49On the D1 chart the trend started on Aug. 1 (linear regression channel).
There is a high probability of profit taking. Possible take profit level is 94.49
This level, which I have outlined above, is certainly not a “finish” level. But it is the level that has the “highest percentage of hits on target.”
Using a trailing stop is also a good idea!
Please leave your feedback, your opinion. I am very interested in it. Thank you!
Good luck!
Regards, WeBelievelnTrading
Calls ideaApparently is forming a double bottom at the support. I bought some calls for 10/18, strike 84. Let's how it goes.
NKE buy gonna grab shares to hold into the new year. looks like we made a lower high and have gaps above to fill. will also grab $100c into Q4 earnings
NKE is still BULLISHNKE took a beating after missing revenues by $50M (.5%) and providing soft guidance. Yet, they continue to buy back their shares (decreasing supply). I fully expect NKE to hit $89.15 by the next Earnings reports, if not $94.10.
There's 10-15% upside within the next 3 months. Don't miss the train!
POSSIBLE BUYS ON NIKE💡 Today we analyze Nike (NKE)
Nike is a solid company in a downtrend, approaching a key resistance and the bearish trend line at $100. Breaking this barrier could signal a recovery.
1. Operational Strength: Nike leads the sports sector and its digital channel continues to grow.
2. Global Expansion: Its focus on sustainability and technology gives it an advantage.
3. Technical Opportunity: Breaking $100 would confirm a possible trend change.
4. Risks: It is crucial to wait for technical confirmation and consider external factors such as inflation and changes in consumption.
This analysis is not an investment recommendation.
