Get started

NKE

NIKE is making a bullish break-out targeting $155.00Nike (NKE) broke above its Falling Wedge, which based on the huge rally since October, is the technical bull flag pattern for a bullish continuation. The very same break-out was seen on July 29 2020. Both sequences formed Inverse Head and Shoulders patterns and 1D Golden Crosses. Even the RSI formations are identical. The 2020 one targeted the 2.0 Fibonacci extension. That is not at $155.00 and that is our long-term target. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NYSE:NKELong
by TradingShot
Nike -just did it. NKEMomentally descended back from OBOS. Plentry of space to descend. Internal formation consistent with a Wave A on fibtime - this is unlikely to be an isolated move in the bounce from previous heights. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Confirmation level, where relevant, is a pink dotted, finite line. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe.
NYSE:NKEShort
by Rykin_Capital
$NKE Short, clear divergence of RSI, and 9/21 crossover.Ticker: $NKE Investment Strategy: Short #RSI divergence from oversold #Crossover of 9ema and 21 ema. #MACD crossover and divergence. Fundamental analysis: Nike, Inc. (NKE) financials that may be helpful in conducting a fundamental analysis of the company: Revenue: Nike, Inc.'s revenue has been steadily increasing over the years. In 2020, the company generated revenue of $37.4 billion and in 2021, it generated $39.1 billion. Earnings: Nike, Inc. has been consistently profitable over the years. In 2020, the company had net income of $3.8 billion and in 2021, it had net income of $4.2 billion. Dividends: Nike, Inc. has been paying dividends to shareholders. In 2021, the company paid dividends of $2.2 billion. Debt: Nike, Inc. has a significant amount of debt. As of December 2021, the company had long-term debt of $8.2 billion. Market Capitalization: Nike, Inc. has a market capitalization of $152.3 billion as of January 26th, 2023. P/E ratio: Nike, Inc. has a P/E ratio of 34.7 as of January 26th, 2023, which is higher than the industry average. Business Model: Nike, Inc. is a multinational corporation that is engaged in the design, development, and worldwide marketing and selling of footwear, apparel, equipment, accessories, and services. Note: Please note that this information is for educational purposes only and should not be considered as financial advice. It is important to conduct your own research and consult with a financial professional before making any investment decisions.
NYSE:NKEShort
by Red_Green-TA
NIKE Inverse Head & Shoulders start the recoveryNike Inc. (NKE) broke above the 118.70 Resistance of the Shoulder level of the Inverse Head and Shoulders (IH&S) pattern that started in August. Having rebounded last week on the 1D MA50 (blue trend-line) and already now above the 1D MA200 (orange trend-line), this IH&S bears resemblances with the one in early 2020 which kick started the post COVID crash recovery. As you see even the 1D RSI sequences between the two are similar. It would appear that right now we are in the process of turning the 1D MA200 in a Support as in mid-June 2020. Two weeks after the price convincingly broke above the Right Shoulder and the rally stopped just below the 2.0 Fibonacci extension. If the current pattern repeats the 2020 one, then the 2.0 Fib extension will get the price to 155.00. That is just below the 0.786 Fib retracement from the All Time High. Right now the price is on the 0.382 Fib. ------------------------------------------------------------------------------- ** Please LIKE 👍, SUBSCRIBE ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- You may also TELL ME 🙋‍♀️🙋‍♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁 ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NYSE:NKELong
by TradingShot
NKE - Just do itNike Inc - Intraday - We look to Buy at 99.72 (stop at 91.56) Broken out of the channel formation to the upside. We have a Gap open at 99.72 from 10/11/2022 to 11/11/2022. Further upside is expected although we prefer to buy into dips close to the 99.72 level. Expect trading to remain mixed and volatile. Our profit targets will be 118.44 and 139.00 Resistance: 109.31 / 113.36 / 118.47 Support: 99.72 / 92.10 / 82.22 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
NYSE:NKELong
by VantageMarkets
1
NKE - SHORT TERM BULLISH SCENARIONike, Inc. is the world's largest supplier of athletic shoes and apparel and a major manufacturer of sports equipment. The company has a great history and is one of the most recognizable brands in the world. Since the price reached an all-time high in November 2021 the stock tumbled more than 50 % Possible short-term buy in the price channel. Re-test of the support level of $80 is expected and, that will provide a better risk-reward ratio for the bulls with a target of the $ 100 resistance Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
NYSE:NKELong
by legacyFXofficial
Nike is the New K-Swiss? Sheesh! A reach, or plausibly true?Well honestly, seeing that Nike's chart only exciting moment was during the bull run of Covid-19, I can only make the assumption that maybe that was the peak of Nike's capitulation. Nike seemingly isn't the global sports fashion it used to be as sports are becoming the 2nd preference for entertainment nowadays. Let's be honest, you're excited about the game because of the social reward it brings. The pandemic for sure snuffed that. Kids love tablets. Kids love Fortnite. As a matter of fact everybody loves video games and social media, as the human game moves from social to individual based lifestyles. We're moving into a main character world society. So I see Nike either becoming a pure fashion house which is crazy, or just becoming a ranging chart eventually priced to hit zero as Nike fades away. I think for any of these legacy brands that can't keep up with a static high quality product that stands the erosion of time. Look at Hermes, the pricing on that stock is ridiculous, with neutral technical readings. What do you think? Green, potential growth - Nike acquires supply chain integration that overlaps reseller industry while maintaining green business model. A new shoe tech maybe . But what tech can nike implement into its approach that can really groundbreaking without setting a new pricing model for its products? Yellow - Nike is still cool but can't seem to shake new innovations by competitor entering the space. might get stuck in a outdated fashion model as 2 - 3 new generations of humans entering grade school might think nike is for lames. thats if kids even care about streetwear at that point. Let's not forget with any trend, they end or restructure itself. Trends are subjective to value by herd mentaility. Red- Nike becomes the new K Swiss. I think this will also correlate into the new interest of the incoming generations whom all seem to be or will be metahumans. generation meta. the generation that will only see value as intrinsic, but that's a maybe and very speculative. Nike is only seemingly popular in social environments where it reigns supreme. The kids only like dunks. Jordan branded nonndurables are just ehh. Honestly when it comes to apparel brands, personally I don't see myself engaging any non durable seriously. PS: Had to republish due to House Rule Violations.
NYSE:NKEShort
by NQQuan
Elliott Wave View: Nike (NKE) Incomplete Bearish SequenceNike (ticker: NKE) shows incomplete bearish sequence from the all-time high 11.5.2021 high as well as from 3.30.2022 high. The ideal and minimum target for this bearish sequence is around 77. The right side therefore remains to the downside and rally should fail in 3, 7, or 11 swing. Near term, the Elliott Wave view on Nike (NKE) suggests that cycle from 9.13.2022 high is in progress as a 5 waves impulse. Down from 9.13.2022 high, wave (1) ended at 94 and rally in wave (2) ended at 99.89. Nike then resumed lower in wave (3) with internal subdivision as another impulse in lesser degree. Down from wave (2), wave 1 ended at 94.48 and wave 2 ended at 98.32. Wave 3 ended at 82.33, wave 4 ended at 86.20 and final leg lower wave 5 ended at 82.15 which completed wave (3). Wave (4) rally is in progress as a zigzag Elliott Wave structure. Up from wave (3), wave A ended at 86.47 and pullback in wave B ended at 85.25. Final leg higher wave C is expected to complete at 89.5 – 92.12 area and this should end wave ((4)) as well. This is a 100% – 161.8% Fibonacci extension of wave A. From this area, the stock can resume lower in wave (5). Near term, as far as pivot at 99.9 high stays intact, expect rally to fail in 3, 7, or 11 swing for further downside.
NYSE:NKE
by Elliottwave-Forecast
NIKE - BULLISH SCENARIOThe downtrend for Nike Inc seems to be over. The American sportswear company got huge support at the $ 100 price level. The 1st,2nd, and 3rd resistance levels are located respectively at $ 118, $ 130, and $ 140 Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
NYSE:NKELong
by legacyFXofficial