Following weekly chart. I got a long signal from my signal. TP1 84 TP2 91.4 SL - stop under 80 weekly candle close.
Nike saw a slash in price from $94- $74 after a drop in annual sales. After this drop we saw a consolidation at $74.79s and a bottom was formed. We do need to clean break above $77 to bring in more volume 76.76- 77.47 is our volume box. I believe in Nike. IT is a staple of American Sports and athletic apparel. I am looking to buy $85-$87 calls for Early Aug...
Reasons for bullish bias: - Price bounced from support - Strong weekly bullish candle closing at Support - Bullish divergence Entry Level(CMP): 92.85 Stop Loss Level: 87.79 Take Profit Level 1: 97.91 Take Profit Level 2: 104.59 Take Profit Level 3: Open
- Price has bounced back from strong weekly support - Fib retracement from 0.618 level - No divergence - Good buy opportunity EP: 106.07 SL: 100.92 TP1: 111.22 TP2: 121.00
This idea is based on Wyckoff's method for calculating target objectives using the Point & Figure chart. The premise behind it is that NKE's shares are currently being accumulated prior to a break out that will go beyond all time highs. All other information is on the chart.
On the hour chart the trend started on June 1 (linear regression channel). There is a high probability of profit. A possible take profit level is 111.70 But do not forget about SL = 102.72 Using a trailing stop is also a good idea! Please leave your feedback, your opinion. I am very interested. Thank you! Good luck! Regards, WeBelieveInTrading
Nike - 30d expiry - We look to Buy a break of 109.31 (stop at 105.31) The primary trend remains bullish. This is currently an actively traded stock. The stock is expected to outperform in its sector. We are trading at oversold extremes. Prices have reacted from 102.90. The bias is to break to the upside. Our profit targets will be 119.31 and 121.31...
Looking at the NKE NIKE options chain, i would buy the $100 strike price Calls with 2022-10-21 expiration date for about $3.45 premium. Looking forward to read your opinion about it.
NKE has perfectly completed cup and handle pattern and has started to go higher. Perfect time to long in my opinion. I have mentioned my entry, stoploss and take profit levels. You can share your thoughts, give suggestion or ask any questions in the comments.
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...
Green line shows the dominant bullish trend, this extends back for awhile White line shows apparent downtrend, with a nice falling wedge to allow for the breakout to the upside and hence continuation I expect price short term to rise back to dotted orange line, this is shown with bars pattern
- Below all key moving averages. - Still in the channel. + Higher lows on VRSI
Just an observation: Nike (NKE) is currently sitting on the Fibonacci Bollinger Band (FBB) plot line that has generally acted as support for the past 20 years. The weekly candles are printing long lower wicks which could suggest a bullish reversal is building along this line. The yearly chart is not overextended and fitting perfectly on multiple linear log trend...
Welcome to our Weekly V2-Trade Setup ( NKE ) ! - 4 HOUR Bullish closure. DAILY Nice price action in most timeframes. WEEKLY Expecting more bullish pa - STOCK SETUP BUY NKE ENTRY LEVEL @ 158.24 SL @ 149.98 TP @ Open Max Risk: 0.5% - 1%! (Remember to add a few pips to all levels - different Brokers!) Leave us a comment or like to keep our content for free...
Nike looking bullish. Careful for retracements. TP1: $160 - $166 TP2: $173 - $181
$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.
Welcome to our weekly trade setup ( NKE )! - 4 HOUR Bullish market turnover. DAILY Overall bullish market structure.. WEEKLY Expecting a break above main resistance level. - STOCKS SETUP BUY NKE ENTRY LEVEL @ 135.09 SL @ 132.96 TP @ Open Max Risk: 0.5% - 1%! (Remember to add a few pips to all levels - different Brokers!) Leave us a comment or like to keep...