NKE Buy setup- Price has bounced back from strong weekly support - Fib retracement from 0.618 level - No divergence - Good buy opportunity EP: 106.07 SL: 100.92 TP1: 111.22 TP2: 121.00Longby TradeWithParas1
NIKE Stock Chart Fibonacci Analysis 011124Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 105/61.80% Chart time frame : B A) 15 min(1W-3M) B) 1 hr(3M-6M) C) 4 hr(6M-1year) D) 1 day(1-3years) Stock progress : A A) Keep rising over 61.80% resistance B) 61.80% resistance C) Hit the bottom D) Hit the top Stocks rise as they rise from support and fall from resistance. Our goal is to find a low support point and enter. It can be referred to as buying at the pullback point. The pullback point can be found with a Fibonacci extension of 61.80%. This is a step to find entry level. 1) Find a triangle (Fibonacci Speed Fan Line) that connects the high (resistance) and low (support) points of the stock in progress, where it is continuously expressed as a Slingshot, 2) and create a Fibonacci extension level for the first rising wave from the start point of slingshot pattern. When the current price goes over 61.80% level , that can be a good entry point, especially if the SMA 100 and 200 curves are gathered together at 61.80%, it is a very good entry point. As a great help, tradingview provide these Fibonacci speed fan lines and extension levels with ease. So if you use the Fibonacci fan line, the extension level, and the SMA 100/200 curve well, you can find an entry point for the stock market. At least you have to enter at this low point to avoid trading failure, and if you are skilled at entering this low point, with fibonacci6180 technique, your reading skill to chart will be greatly improved. If you want to do day trading, please set the time frame to 5 minutes or 15 minutes, and you will see many of the low point of rising stocks. If want to prefer long term range trading, you can set the time frame to 1 hr or 1 day.by fibonacci61800
LONG NKE 105+I believe NKE is setting up for a rally, bounced off pivot and its currently 3-2u set up on the daily. Longby dinerosrb116
NIKE: On a key long term pivot and almost oversold.Nike is almost oversold on the 1D technical outlook (RSI = 33.787, MACD = -2.530, ADX = 53.733) and is trading sideways inside the P1 Zone, which is the Pivot Band that has started several rebounds inside this 1 year Triangle pattern. This isn't an automatic buy for us yet, we need to see the price crossing over the 1D MA50 before buying and aim at the LH trendline (TP = 119.00). If P1 breaks downwards, we will on the HL trendline and aim again at the LH trendline (TP = 119.00). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##by InvestingScope9
Nike stock options trading strategy: selling a bull put with 95Title: Nike stock options trading strategy: selling a bull put with 95 and 90 strike options expiring on February 16, 2024. Summary: Selling a bull put with 95 and 90 strike options expiring on February 16, 2024 is an options trading strategy that can be used to generate a profit when the price of Nike stock is expected to remain stable or increase slightly. In this strategy, the investor buys a put with a lower strike price (90) and sells a put with a higher strike price (95). The goal is to generate a net credit from the sale of the put, which can be used to cover losses in the event of a decline in the price of Nike stock. Analysis: Selling a bull put with 95 and 90 strike options expiring on February 16, 2024 is an options trading strategy that can be used to generate a profit when the price of Nike stock is expected to remain stable or increase slightly. However, as with any trading strategy, there are risks involved and investors should do their due diligence before engaging in any trading operation. Conclusions: Selling a bull put with 95 and 90 strike options expiring on February 16, 2024 is an options trading strategy that can be used to generate a profit when the price of Nike stock is expected to remain stable or increase slightly. However, as with any trading strategy, there are risks involved and investors should do their due diligence before engaging in any trading operation. I hope this helps! If you have any other questions, feel free to ask.by pietropaolog221
Nike: Slumped 🤕The NIKE share price fell sharply within a few hours of the presentation of the quarterly reports. We must now primarily assume that the stock has formed the top of the wave (A) in red with the last high - and has since sold off in the course of the wave of the same color (B). The bears have already been able to drag the price below the support level of $104.01. This should now generate further downward pressure, allowing the stock to extend the low of the aforementioned (B) wave below the $97.70 support level (but still above the $87.50 mark). The wave alt.(B) would extend another level lower in the context of our 34% probable alternative scenario.Shortby MarketIntel1
Could mixed earnings report help Nike downside?Nike's highly anticipated earnings report could set the stage for a short-term correction with long-term highs of $140 being estimated by investment bank analysts.Shortby NomolosAIUpdated 227
Nike Will Cut $2 Billion in CostsNike, the world’s largest supplier of sports shoes, will cut costs by $2 billion over the next three years. This will involve layoffs and more automation. Sports footwear giant Nike is planning to take cost-cutting measures to save $2 billion over the next three years in response to escalating worries about a global slowdown in consumer spending. The company intends to take streamlining steps which include laying off employees, simplifying its range of products, and increasing the use of automation. The stock market saw Nike shares dropping by as much as 14% after the announcement. Why is Nike taking measures to save $2 billion in costs? Nike has cut its revenue projections for the year as they foresee more cautious consumer behavior around the world. People have been changing their buying habits, and have been spending more on basic necessities and experiences like travel instead of non-essentials like sports wear and high-priced sneakers. Nike’s online sales have been plummeting, especially in the Greater China market, which includes Hong Kong, Taiwan, and Macau. This indicates that consumers did not follow when the company moved some of its products to become available solely online. Up-and-coming brands like California shoemaker Hoka and Swiss company On have also managed to chip away at Nike’s dominance of the footwear market, particularly in running shoes. Longby DEXWireNews3
Nike(NKE) ... Time to leave the blocks ??Nike (NKE) is worth watching for signs of (price) fatigue. Two potential Harmonic bearish butterflies are forming. One on the price and the other on the 14 day RSI. The RSI matches a level of early January '23 when it rolled over before the price, creating a negative divergence condition I will monitor and advise of any position taken. Ideally I'd like to sell/cover in the $120 area and with a 80 RSI. DYOD and pay attention to broader markets. Sby Steve666Updated 442
Nike For Nike Lovers !Hi friends and Trading community, So here i am sharing mine trading idea on Nike so before i will share my technical analysis on it want to share some learning things by the provided chart which also based on technicals and mainly focussed on Double top pattern sharing below. And by chance it's a trading idea so i can't use an educational flag for it but somehow it will help to identify about the mentioned pattern above. So as you can see i used some green and red arrow marks on chart so i want to tell that green arrows are for support and the red one's are for resistance, So now i will start form Double top as you can see that after hitting all time highs of 179 levels price took a pullback near to 148 and again retraced near to all time high and made a double top pattern there so that 148 levels earlier was a resistance and after become support (neckline) for price after making top one and helped for a retracement towards all time high or we can say for double top too. So now i want to share about the importance of double top neckline that we can see on this chart that after breaking neckline (148 levels) price reached to 83 levels which was a cut of 43% from neckline, So here my point is this that if price breaks double top neckline and sustain below with bearish strength it will be a short opportunity for trading community with proper risk management. And now i will share my Trading idea again with the same double top pattern so as we can see that price made a double top recently in month of March 2023 and as same i described about neckline above formed again at the levels of 116 and as usual after breaking that neckline price went to 89 levels so we can say that the proababilities are high for a short trade if price break neckline support, But now i find a breakout on this provided chart that price close above neckline support which actually turned in to resistance later. In this 116 was a strong resistance later become support by this we can understand that how support and resistance exchange their roles for this i am sharing an educational idea link below you can check that too. What are the probabilities mates-: Probability One-: That price will continue marching towards mentioned flip zone (127 to 131 levels) and will come down after for breakout retest. Probability Two-: That price will not go up from here and retest it's breakout straight from here. Probability Three-: In rare cases that price will break all mentioned resistance and will complete all mentioned targets in idea, But according to my experience the chances are very less for this thing. Targets mentioned on chart rest i will update this accordingly on the basis of price action whether on daily or weekly chart. It's a bit long description Guys but i want to make sure that the insight i am providing is genuine or not so i had to write more for this explaination, Hope you like my publication friends. This publication is meant for only learning purpose, it is not any kind of trading advice. Best Regards- Amit “Do not anticipate and move without market confirmation, being a little late in your trade is your insurance that you are right or wrong.” - Jesse Livermore How support and resistance exchange their roles Longby AMIT-RAJANUpdated 101051
Nike, Inc. (symbol ‘NKE’), DailyNike, Inc. (symbol ‘NKE’) Nike, Inc. (symbol ‘NKE’) share price experienced profits in the last quarter and rose about 8%. The company’s earnings report for the fiscal quarter ending November 2023 is expected to be released on Thursday 21st of December, after market close. The consensus EPS is $0.84 against $0.85 of the same quarter last year. ‘The exponential increase in the sport giant share price is also reflected in their financial image. The net revenue of the company has been constantly increasing every quarter for the last 3 consecutive years while their current ratio as of 31/08/2023 was at 287%. This means that the company has the ability to repay their short term liabilities with the current assets at hand indicating that they can overcome any short term turmoil. Total assets outweigh total liabilities at a healthy ratio of around 1.6 : 1’ said Antreas Themistokleous, trading specialist at Exness. Technical analysis shows that the price has been retesting the resistance of the upper band of the Bollinger bands indicating the fueled up volatility in the market for the share. Both the 20 and 50 day moving averages are trading above the slower 100 day moving average validating the overall bullish momentum in the market while the Stochastic oscillator is in the extreme overbought levels since the beginning of December and has yet to move back to the neutral area. This could mean a short term correction to the downside before continuing the bullish trend. by Exness_Official1
NKENike is currently consolidating and will be breaking out of it's consolidation soon. A break above the trendline confirms the upward projectory.Longby Gymveski0
Nike @ 121.90In this video, you will see a study of Nike stock. The first thing you will notice is the parabolic system. Also, notice the relation between the volume and the gaps. using this system you can how the price breaks away from the trend. You will also see the breaking news. Inside this article, they talk about the Federal Reserve. You will then see long-term trends. You will see the difference between a good trend for buying and a bad one. Watch this video to learn more and rocket boost this content Thank you for watching. **Disclaimer:** The information provided above is for educational and informational purposes only. It does not constitute financial advice, and trading always involves -- a risk of substantial losses, regardless of the margin levels -- used. Before engaging in any trading activities, it is crucial to conduct thorough research, consider your financial situation, -- and, if necessary, consult with a qualified financial advisor. Past performance is not indicative of future results, and market -- conditions can change rapidly. Trading decisions should be made -- based on careful analysis and consideration of individual -- circumstances. The user is solely responsible for any decisions made and should be aware of the inherent risks associated with trading in -- financial markets. 19:58by lubosi117
$NKE - Sell or hold?NYSE:NKE getting close to $124 target. Analysts are raising their price targets right before the earnings next week. The last time that happened with NASDAQ:NVDA the stock went parabolic. So I would think they have whisper numbers! hint... hint...🤔 On the other hand, the stock is in over bought territory. However the technicals indicates further upside to $130 to $160area. This is where the execution matters. The art of knowing when to exit. Should I sell or should I risk and hold through the earnings? I know I don't have much followers so the question basically is like I am asking to myself. Ha ha ha... 😂Longby PaperBozz229
Nike Upside Potential Could Surprise Many I'm bullish on Nike shares even after the apparel giant’s earnings miss. This is a phenomenon company, even Steve Jobs liked them so much. The Idea could be wrong do your own research. regards: TSLA bug hodler Longby SabahEquityResearchUpdated 119
Nike $NKE Trade IdeaTook a trade on NYSE:NKE on Dec 1 (last Friday) as the price closed above the resistance zone per the chart image. Since then the price rallied as expected. It is now approaching my first exit point at $117, so I will exit 30% of my contracts. My short/medium term target will be the red diagonal line on the chart which is the 2023 resistance level, at about $119-120 per share. The MAs are all sloping up pointing to a short term bullish trend, however the oscillators are showing overbought condition so I would be wary of a near term pullback. This will provide me with an opportunity to add more contracts with a longer DTE if the price sentiment hasn't changed. Hope this was helpful for the readers, follow for more trade ideas. Thank you, BK Longby Konstandinovic0
Swing Trade Patterns: $NKE ExampleNYSE:NKE stock has a 2-day resting pattern and then a candlestick buy entry signal that is slightly longer than its average price gains in a single day. Most Volume Oscillators are not at the top of the chart yet. Flow of funds indicators indicates money flowing into this stock. The higher line is the bottom completion level for this short-term bottom. The resistance is moderate for a swing trade, but the stock could break through if momentum to speculative buying continues.by MarthaStokesCMT-TechniTrader2
$NKE - Triangle breakoutUpdate to Nov 4 post: NYSE:NKE Nike just broke out of a large symmetrical triangle, with a potential measured move of $150. Earnings are scheduled for December 21st. Considering the positive quarter reported by NYSE:FL , it's hard to imagine Nike having a negative quarter. But, as we know, earnings can be unpredictable, so adjust your risk accordingly. Upside targets: $115 $124 Downside risk: $101 Longby PaperBozz0
NIKE#NIKE - H4 📣 Upon examining the 4-hour timeframe, with the breakout of the consolidation pattern ceiling around 110.89, we anticipate a price growth towards the 116.00 range. ⛔ Stop Loss: 106.00 On the other hand, with the breach of the 106.00 range, one may consider initiating a sell position with a target of 101.00. ⛔ Stop Loss: 110.89Longby FXSMARTT0
NIKENIKE📉 Downtrend pullback into fib level/supply zone third touch of the trendline BEARISH I SAY📉📉Longby Femifemoo1
NKE LONGNKE is oversold for my mind its very good company, that is undervalued I have call for it September expireby AynurNurUpdated 2
NKE approaching long-term resistance NIKE Inc. (NKE) presently trading above long-term resistance. If a weekly settlement above this resistance occurs, (NKE) would be placed into a buy signal where gains of 20% would be expected over the following 5 - 6 months. Inversely, closing below a near-term channel top would allow bearish rotation to recent lows, eliciting losses of 20% over the following 2 - 5 months.by SpecialeAnalysis0
$NKE - Can it travel more?NYSE:NKE Nike did a successful breakout retest on the descending wedge trendline. It is also forming head and shoulder with neckline about to break. It is currently up against the $107 - $111 resistance. The measured move for the break out is $118. Upside targets: $111 $115 $124 Downside risk: $97Longby PaperBozz110