NKE trade ideas
NIKE on a potential breakoutNot a clear cut trade, but good potential and reasonable R:R.
Trade with cushion
NKE FlagNKE is forming a flagging formation and has been in consolidation for the past couple months. Looking for this to breakout soon up to the $104 range.
Nike - NKE• Missed to create a new high in July
• Descending triangle with a support 94.41/95.04 (gap from end of May) and a resistance at 98.28
• 76.4% Fibonacci Retracement strengths the support at 94.40
• If the stock breaks through the support, next support will be at 87.01/89.66 (gap from mid-May) and the 61.8% Fibonacci Retracement at 87.80
• In my point of view a breakthrough is expectable.
Symmetry Triangle might become Descending TriangleIf Symmetry Triangle fail, it might become Descending Triangle. Watch out. Not sure if I want to take any position yet?
NKEDigital numbers have continued to increase even with stores having reopened, with triple-digit percentage increases in May.
The company continues to see skyrocketing revenue each quarter, and it's finally is beginning to turn a profit.
Updating my existing $NKE shortSeems like a symmetrical triangle formed and within it i spot an inverse head and shoulders. Great for a call credit spread at 100$ if you can get a good premium. The ceiling is solid!
Time to leave! I'LL BE BACKMONTHLY rsi and price movement for nike. No matter how much money is printed in the us my favorite sports brand will have a rough time for the upcoming years since most of the money went to the stock market and the majority of people are going to see their income decreasing for the next years. However after we've go through this nike is going to shine since it's investing huge amount of money in it's online business model.
Cup and Handle Unfilled GapThat gap will haunt me to where I will most likely never trade it until it is filled
I do know some folks do not mind unfilled gaps tho.
No earnings until the end of September so maybe worth watching
NIKE was in a rising wedge but has fallen out
I find that trading near the handle low which is close to my stop is not always a worse case scenario
Not a recommendation and I do not own this stock
NIKE ($NKE) Bull Flag BreakoutNYSE:NKE bull flag breakout is about to happen. This time it may surpass the supply zone.
NKE declined quickly could rise just as quickly We have seen a support form at 93.60
Resistance has formed at 104.50
We saw from June 10th to 15th a decline of about 8%
We see the same decline only in 1d
If we look at the past we can predict a quick jump in the future
Take profit at around 101 to 104
Stop loss at 93 dollars to give us a little buffer between the support
Buy early Monday morning or set a buy limit of 96.00
Good Luck MoneyTradingCrew
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NIKE Inc. (NKE) Harmonic Bat Pattern Potential AnalysisHarmonic Bat Pattern Potential, with BACA("Break Across and Close Across") 50% B point BAMM( Bat Action Magnet Move) level, for the CD leg.
PRZ(Potential Reversal Zone) at 0.886 Fibonacci Level at 86.4
Going in for the kill on $NKEThis chart looks super bad! If it breaks support i can see this dropping to 70$
$NKE Long Into Nike earnings (risky)
Stock within a very tight wedge, maybe tonight's earnings
will bring a frantic conclusion.
MACD and Histogram are reversing .
Momentum also crossed above zero-line.
Local POC is current resistance .
A break to new highs could see $110
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C&H Earnings AMCIt is always risky to trade on earnings so do your own research on this one!
This stock rose from the bottom in an ascending wedge pattern/irrational exuberance, but has fallen out of that wedge, just not quite as far as I would have hoped. It is also in an ascending triangle with some tough R at 105.6 (ish)
Hypothetical Breakout: 106
Stop below handle low: Under 93
Target 1: 121 to 132
Target 2: 164 to 175
Be safe!
