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Nke_tradingsetup

The Trend Is Your Friend... NYSE:NKE FROM MY PRESPECTIVE!!! Recently it just bounced off of its' sloping support... Heading into earnings Running Uphill... Where does it go from the bounce off its' support? You're right, Uphill Towards Resistance!!! You see the numbers, make an educated decision and don't blame me... I'm just here sharing what I see... Please, tell me, what do you see??? I am comfortable with both 88C expiring 9/27 and 88C expiring 10/4, 3 days after earnings!!!
NYSE:NKELong
by FliCityOptions
$NKE just doing it to $88.50 from $72 after drastic drop off $98NYSE:NKE just doing it to $88.50 from $72 after drastic drop. Perfect to align with a bit above the 50% Fibonacci point as the RSI climbs higher towards the 200 day moving average above the 50 day moving average on the 2hour chart and in multiple timeframes. Invest smart, invest hard. Boost my post if you like this idea 💡 Also follow and subscribe for more uproars. Let's spread the word together. Roaring Puppy 🐶 out. NYSE:NKE
NYSE:NKELong
by St0ckWr4ngl3r
1
a valuable oversold company!!! (Long)Strong consumer demand has been the main source of confidence in the world's largest economy in the post-pandemic environment. Even as the Federal Reserve embarked on its most aggressive monetary tightening cycle in decades, many economists argued that a soft landing was still possible, given significant pent-up demand for consumer goods such as shoes, clothing and cars. But yesterday's report from Nike (NYSE:NKE) revealed that the strongest pillar of the US economy could be in jeopardy as consumers face a double whammy in the form of high inflation and rising interest rates. }}. The world's largest sporting goods company told investors yesterday that it is grappling with a huge pile of unsold products, forcing it to offer aggressive discounts and squeeze margins. On Thursday, the Oregon-based company said global inventories had risen 44% to $9.7 billion in the quarter ended Aug. 30. In North America, the company's largest market, they increased 65% compared to the previous year, mainly due to slowing demand and delayed shipments. In this context, Nike will see its margins erode, falling between 200 and 250 basis points this fiscal year; the previous estimate was that margins would remain flat or decline by 50 basis points, at most. The company's minimum considering targets on Wallstreet is $88 according to Tipranks. which the average cost of the shares is $114. then we set the next objectives to follow according to the profitability of the company. (Let's go long). Objectives: tp1-$93 tp2-$103 tp3-$113
NYSE:NKELong
by Deal2TP
Nike Running Away?Nike Short Term - We look to Sell at 136.07 (stop at 140.63) Bespoke resistance is located at 140.00. Posted a Bearish Outside candle on the Daily chart. The bias is still for lower levels and we look for any gains to be limited. The primary trend remains bearish. Daily signals are bearish. Our profit targets will be 119.93 and 111.01 Resistance: 140.00 / 155.00 / 160.00 Support: 125.00 / 120.00 / 100.00 Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
NYSE:NKEShort
by Saxo
1