I love the way $NKE is setting up.I am long NYSE:NKE with a small/mid-sized position. I will add at three locations on this chart. 1. Approach/touch of the lower line. 2. Break of the downtrend. 3. Break of the down channel.
NKE trade ideas
NKE LOADINGrsi up and macd curling higher. short term targer is at the volume shelf 81.xx. if we can mount these levels I can see 84 coming quick! keep on the Watch
What do you see, and what would you expect to happen?Please write down what you see, your forecast for the next 2 weeks, and expectations of movement after earnings!
this way you can see how good your forecast can be!
Some may see a bullish flag, others may see a potential for a pullback
...etc.
write down your action plan for Dec 20.
$NKE - Earnings next weekNYSE:NKE Don't forget earnings next week. The street is quite bearish on this stock. There is a possibility that it could be met with selling pressure as fund managers rush to do year-end window dressing and tax loss harvesting. So watch out and be ready if you are bullish on the company.
As always, I share my opinions and trades. I'm not suggesting that anyone follow my trades. You do you.
NIKE is bottomed hereSmall dip then up
Support and Resistance:
The stock appears to have found strong support at a key historical level, suggesting a floor where buyers are stepping in.
Resistance lies ahead at a higher price level, which could act as the first target in a recovery rally.
Trend and Moving Averages:
While the stock has been in a downtrend, recent price action suggests stabilization, with a potential shift towards higher lows.
Moving averages are beginning to flatten, signaling a possible end to the downward momentum.
Volume:
Volume patterns indicate accumulation, with increased activity during positive sessions, pointing to renewed investor interest.
Indicators:
RSI is climbing out of oversold territory, hinting at a recovery in momentum.
MACD shows signs of convergence, with a potential bullish crossover that could confirm the start of an uptrend.
Reversal Signals:
Recent candlestick patterns and higher lows suggest that NKE may have bottomed, with a recovery rally likely if the stock maintains its support level and breaks initial resistance.
Potential Rebound: NIKE Earnings Report AheadRecent Performance: NIKE has seen fluctuating market activity, reflecting
pressures in the consumer discretionary sector. Currently priced at 78.89,
the stock is under significant scrutiny as it approaches its earnings report
scheduled for December 19. Investor sentiment is cautiously optimistic, with
indications that the stock may be oversold and poised for a potential
reversal.
- Key Insights: The upcoming earnings report is a pivotal event for NIKE, with
analysts highlighting its importance for future stock performance. The
formation of a potential inverse head and shoulders pattern is generating a
bullish sentiment among some investors, suggesting significant upside
potential. Key support and resistance levels provide crucial insight for
trading decisions, making it a critical period for NIKE.
- Expert Analysis: Expert opinions on NIKE are mixed but lean towards a positive
outlook, emphasizing the stock's significant potential for a breakout due to
its current oversold status. The comparison to McDonald's market behavior
underlines the possibility of substantial movements following the earnings
report. As such, investor sentiment may dictate NIKE's trajectory in the
near term, particularly surrounding the earnings announcement.
- Price Targets:
- Next week targets: T1=84.00, T2=90.00
- Stop levels: S1=76.00, S2=74.00
- News Impact: The upcoming earnings report is heightening scrutiny on NIKE,
with market participants eager to see how the company will navigate
challenges in a competitive environment. Consumer spending trends will play
a crucial role in shaping investor sentiment, and stakeholders should be
prepared for potential volatility based on the report's outcomes.
Inverter Bullish Hammer detected? Same outcome + ER = BUY?Will Nike behave the same way it did after October 1st?
$NKE Nike ready for move back to it's ATH?Look like Nike bout to start moving.
The TA doesn't look bad. Might get a retest of ~70$ before the move.
Have no idea what happening inside of the company if there is any bad new of course you shouldn't long.
If I wanted to rotate my gains from the Stocks that already pumped this would be it.
$NKE NIKE | NIKE RANGE BREAKOUT TRADE SETUPS - Dec06'24NYSE:NKE NIKE | NIKE RANGE BREAKOUT TRADE SETUPS - Dec06'24
NYSE:NKE Trends:
NYSE:NKE Weekly: Bearish
NYSE:NKE Daily: Bearish
NYSE:NKE 4H: Bearish
NYSE:NKE 1H: Bullish
BUY/LONG ZONE (GREEN): $79.25 - $88.00
DO NOT TRADE/DNT ZONE (WHITE): $77.25 - $79.25
SELL/SHORT ZONE (RED): $71.00 - $77.25
NYSE:NKE had a bearish gap down caused by earnings on Oct01. Continuation after the slight pullback to 84.50, price breaks below 81.25 and 80.75, two minor levels I was monitoring. Price breaks this zone, retests, then continues back downwards to 73.25. Price touches 73.25 then begins a slight bullish rally up to 77.25 - 78.00 zone. Current sideways range, bulls look for break above 79.25, bears look for break below 77.25. NYSE:NKE next earnings report is mid/late Dec.
This is what I would personally look at before entering trades, everything is subject to change on a daily basis and as I analyze different timeframes and ideas.
ENTERTAINMENT PURPOSES ONLY, NOT FINANCIAL ADVICE!
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Best long setup for FY 2025 & 2026 with 100% return!- Looking at the higher timeframe @ Monthly
- It seems like NYSE:NKE is under corrective wave (4) and looking for the bottom.
- It appears that Nike has already bottomed around 70s if not this might bottom around $63 which aligns with 200 SMA on a monthly timeframe.
- This is one of the safest long setup I have screened so far which can return 100% by end of FY 2025 or mid 2026 from the lows.
- I have put NYSE:NKE on the watchlist and slowly building position.
- NYSE:NKE is one of those gems in the market where most stocks are overvalued and overbought. This stock has brand value and is under pressure because of macroeconomy. Macro will improve by 2026 and stock will bottom before anyone expects as it is always forward looking.
NIKE long scenario after earnings Nike has the potential to achieve significant stock growth based on better results and a positive outlook. Key factors will include the performance of the digital segment, demand stabilization in developed markets, and the implementation of strategic changes under new leadership. The target price for the growth scenario is set at $90.50.
Nike's Black Friday deal (60% off)A possible double bottom after a 60% decline from its top and the lowest price-to-sell ratio makes NKE a deal before is earnings!
Investing in Nike Investing in Nike (NKE) stock could be an appealing opportunity at current prices for several reasons:
Upside Potential: Analysts project an average 12-month price target of $96.30, representing about a 23% upside from the current price of approximately $78.28. Some forecasts even suggest a high target of $130
Strong Financials: Nike has demonstrated effective cost management, beating earnings expectations recently, and maintains a high return on equity of nearly 40%, indicating strong operational efficiency
Dividend Growth: The company recently raised its dividend, now yielding about 2.13%, reflecting financial stability and a commitment to rewarding shareholders
Valuation Opportunity: The stock is trading below its 50-day moving average, presenting a potential buying opportunity for investors expecting a recovery
However, investors should also consider some risks:
Recent revenue declines and cautious outlooks from some analysts may indicate challenges in the short term.
The current price-to-earnings (P/E) ratio is higher than some peers, which could suggest limited room for growth without improved performance
Overall, for long-term investors with confidence in Nike’s brand strength and global strategy, the current price could offer a compelling entry point. Diversification and awareness of potential near-term volatility are important considerations when investing.
Will NKE Turn around soon?The drop may be behind us.
NKE is trying to retake 21 weekly EMA with upcoming ER. If ER can confirm the the worst is behind us, it is probably a good candidate for 2025 turn around play.
$NKE: OUTLOOKNYSE:NKE : OUTLOOK
If we break $79.18, expect to see $79.85!📈
👉 LIKE & FOLLOW for more updates!
Nike for the Long Term? Nike stock reacting at several levels on my chart. Long term trend line, Value area rotation, double bottom at support.
Several confluences for me, break the lows would be a clear invalidation.
11:1 r/r
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.
