$NKE 2HR CHART- NKE had a nice double bottom and is currently going for that retest of the downtrend resistance (pink). Also has a nice gap fill at 132, eyeing the volume on the breakout for momentum to carry it to the next supply zone at 136. Under 125 would invalidate this idea.
#NKE will probably look for the next resistance
$NKE. After selling off a bit, it has nicely rebounded from it's .236 Fibo (see also BUY signal). It's trading in range just above it's POC (point of control), bouncing off the .786 Fibo retracement. With ER on 3/18, we can expect an earnings run-up, will face resistance at $150, $152 and $156. I'm long on Nike. Happy Trading, from CJ -- aka the...
Nike got the upwards bullish channel and possibly has the potential to reach $149.
As seen in this 4 hr chart, Nike has been in an ascending channel since the corona sell off/rebound. The price action has moved in accordance with the upward parallel channel it is seemingly advancing in. It has recently slowed down and failed to rise back above the midline of the channel recently. Heres the tricky part, Nikes recent sell off leaves this one in...
NIKE IS EXPECTED TO REACH $170-$180 by the end of 2021 or sooner Earnings report coming in on Friday I’m swing buying Nike long ! TP’s 170 180 225 My entry price is around $136!
Nike had a good earnings report this past quarter beating over 100% of the analysts' expectations on some strong volume too. We can see the potential of the break of the top on these higher lows as well. The current resistance is at $130-$131 where we have see the level get tested time and time again on strong bullish momentum and candles, meaning whoever is...
MONTHLY 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...
my be the chart will go up and testing the vwap but will go down agin the signal its for sell here
As we saw with other stocks they joined in a pullback what will show again a drop to lower levels. I'm short in nike.
As you can see on my chart, I expect a fall in the Nike after overcoming the mark of $ 96. As you can see on my chart, I expect a fall on the hike, after breaking the $ 96 mark. If you want to know more information about my forecasts, subscribe to my YouTube Channel (/channel/UCFjEDgByCftksVKr8nZoOZg? View_as = subscriber) More than my forecasts for the short term
The price opened higher (above the blue zone on D) and rejected the zone on the H4 timeframe. Price will move towards the fibonacci extensions.
Short term Elliott wave view in Nike (NKE) calls the rally from June 3 low unfolding as a 5 waves impulse Elliott Wave structure. Up from June 3 low, wave 1 ended at 78.58 and wave 2 pullback ended at 77.58. Wave 3 ended at 84.23 and subdivides as another impulse structure in lesser degree. Wave 4 pullback ended at 82.47, and wave 5 ended at 84.38 which also...
Nike's uptrend starting to run out of steam. Look for sells on the breakdown from this structure
Thank for viewing, Disclosure; I haven't been tracking Nike until a couple of days ago and thought I would post this to see if I can get some feedback. I am not presently able to short trade this share so am just watching for now. I was drawn to it by recent news about presumptive Np.1 NBA draft pick Zion Williamson's and minor injury caused by a Nike shoe...
Entry = 86.29 (also possible average down if it hits bottom channel trend line) Target 1 = 88 Target 2 = 89.20 Stop = Daily close below 86.29 Trade is invalid if it breaks out before hitting support. Also invalid if the pullback to support is caused by bad news.
All points from the monthly to the lower timeframes has me looking to short this stock. risk to reward is nice also.n