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Nike (NKE) Share Price Falls to Lowest Level Since 2017Nike (NKE) Share Price Falls to Lowest Level Since 2017 The chart for Nike (NKE) shows that the share price has dropped to around $55 – levels last seen in November 2017. Since the start of 2025, the stock has declined by approximately 27%. Why Has Nike’s Share Price Dropped? As noted in our analysis from September 2024, Nike shares had been trending downward for several months due to intense competition. However, President Trump’s tariffs have become the dominant bearish factor. This is largely because Nike relies heavily on manufacturing operations in Asia – many of which have been directly affected by the newly imposed tariffs. What’s Next? According to the Wall Street Journal, manufacturers are taking a wait-and-see approach. They’re reluctant to shift production out of Asia, which could mean higher prices for American consumers. A full return to U.S. production is unlikely due to: → a shortage of skilled workers and suppliers; → significantly higher wages in the U.S. compared to Asia; → relocating production from Asia is a complex business migration, not just a factory move – a process many companies might not be prepared for. Some firms are reducing their margins or optimising logistics, but most are hoping to weather the storm or delay major changes. Technical Analysis of Nike (NKE) Shares The price is forming a downward channel (highlighted in red), with the following characteristics: → the median line provided temporary support, but the early April rebound attempt was very weak; → the lower boundary of the channel now appears to be acting as support. The RSI indicator suggests strong oversold conditions. Bulls might take comfort in the proximity of the psychological $50 mark strengthening this support level. However, it seems that only positive developments on the tariff front are likely to reverse sentiment meaningfully. According to WSJ analysts, Trump’s recent comments hint at possible negotiations. But unless the President changes his stance, Mexico, Brazil, and India – nations well-placed to act as intermediaries between China and the U.S. – could emerge as the main beneficiaries. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
NYSE:NKE
by FXOpen
Palantir Technologies (PLTR) - Bearish IdeaPalantir is currently breaking down from a clear distribution pattern, failing to reclaim previous highs and showing signs of a macro-driven top. The chart highlights a series of lower highs, breakdown of rising trendline support premarket, and increasing downside momentum. From a fundamental standpoint, Palantir is still trading at an exceptionally high valuation: P/E (TTM): ~350 Forward P/E: ~130 Valuation far exceeds even the average Nasdaq tech stock In the context of a shifting macro environment: Trade war escalations and tariffs are increasing pressure on the tech sector, particularly AI-driven companies like Palantir that depend on high-performance chips. Rising inflation risk, combined with persistent interest rates, is likely to continue pushing investor sentiment away from overvalued growth stocks. Broader market rotation from risk-on to risk-off suggests capital will exit speculative names. From a technical perspective: Trendline support has broken premarket There is a deeper demand zone between $14–18, which coincides with volume shelf and pre-hype accumulation range This is not a call for an immediate collapse, but rather the beginning of a macro-level revaluation process. Short-term bounces are to be expected, but the overall trend appears to be decisively down unless strong macro or fundamental catalysts reappear. Target zone: $14–18 Stop invalidation: Weekly close above $103 --- Disclaimer: This is not financial advice. The content reflects a personal market view and is intended for educational purposes only. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.
NASDAQ:PLTRShort
by AktieAI
4
Nike (NKE) - Monthly Chart Setup | High-Conviction Support Zone📉 Nike (NKE) - Monthly Chart Setup | High-Conviction Support Zone Nike has officially broken down into a major multi-year support zone last seen in 2017–2018. This area has previously acted as a strong base before the massive run-up to ATHs, and we’re now seeing price re-enter and potentially bottom out in this same zone. 🔍 Key Observations: Price is currently hovering near the $55–$65 demand zone, marked by previous structural support. Bullish wick shows demand kicking in after a breakdown. Indicators are oversold: RSI around 31, near bounce territory. Stoch RSI crossed to the upside from deeply oversold. MACD histogram still bearish, but early signs of momentum loss. 📌 Base Case: Expecting some sideways accumulation within this zone, followed by a potential breakout retest toward the $80–$90 range if momentum builds. 📥 I'm slowly accumulating here on a 2-week basis while price remains within this support region. ⛔️ Invalid if monthly closes under $50 with no demand reaction.
NYSE:NKELong
by TraderShifu
EXXON FORECAST Q2 FY25My targets are clear anyways... ​Exxon Mobil's stock performance is closely tied to global oil prices, which are influenced by various geopolitical events and policy decisions. Recent developments involving President Trump's administration and OPEC have introduced factors that could exert downward pressure on Exxon Mobil's share price.​ President Trump's Influence on Oil Prices President Trump has advocated for increased oil production to lower global oil prices, aiming to impact oil-rich nations' revenues and address geopolitical concerns. He has urged OPEC to reduce prices to affect Russia's finances and expedite the end of the war in Ukraine. Such calls can lead to increased production or reduced coordination among oil-producing countries, potentially resulting in an oversupply and subsequent price drops. ​ Business News Today OPEC's Production Decisions OPEC's recent decisions to adjust production levels have significant implications for the oil market. For instance, increasing the production ceiling can lead to higher supply, which, if not matched by demand, may cause oil prices to fall. Historically, such actions have led to declines in Exxon Mobil's stock price, reflecting the company's sensitivity to oil price fluctuations. ​ The Street Market Reactions and Investor Sentiment The interplay between U.S. policies and OPEC's actions creates uncertainty in the oil market. Investors may react to potential oversupply concerns and geopolitical tensions by adjusting their positions in energy stocks like Exxon Mobil. For example, the anticipation of increased U.S. crude output and changes in sanctions enforcement can influence market dynamics, affecting stock valuations. ​ S&P Global Given these factors, it's plausible that Exxon Mobil's share price could experience downward pressure due to the combined effects of increased production, potential oversupply, and geopolitical uncertainties stemming from recent events involving President Trump and OPEC.
NYSE:XOMShort
by Bekiumuzi_Dube
2
What Drives Elbit Systems' Expansion?Elbit Systems is demonstrating significant forward momentum, underpinned by strategic international collaborations and advanced technological offerings that address specific defense needs. A cornerstone of this expansion is the deepening partnership with Germany's Diehl Defence. Together, they are bringing the Euro-GATR precision-guided rocket system to the German Army's helicopter fleet, showcasing Elbit's ability to integrate sophisticated, cost-effective solutions into established European defense frameworks and build upon existing industrial cooperation. Simultaneously, Elbit is a potential key supplier for Greece's substantial multi-billion Euro defense modernization initiative. With Greece actively seeking rapid procurement from strategic partners such as Israel, discussions are reportedly underway regarding Elbit's Puls multiple rocket launcher systems. Securing participation in this large-scale program would represent a significant market penetration for Elbit, highlighting its growing role in equipping NATO allies that are undertaking significant capability upgrades. This combination of strategic positioning and sought-after technology is attracting notable attention from the financial community. A marked increase in share purchases by institutional investors, prominently featuring Vanguard Group Inc., signals strong market confidence in Elbit's growth strategy and prospects. This investor validation, coupled with concrete collaborations and significant market opportunities, paints a picture of a company effectively leveraging innovation and partnerships to fuel its international expansion.
NASDAQ:ESLTLong
by UDIS_View
Coinbase Global, Inc. Goes Bullish —The Correction Is Over!COIN's bearish volume peaked November 2024. Ever since this date, peak bearish volume continued to drop. As we approached today, the lowest price since February 2024, COIN ended up closing with a green bar rather than a red one; the bears are gone. I am giving you technical analysis in a very simple way. When volume and price produce a divergence, it means that we are on the verge of a change of trend. Coinbase found support just below the September 2024 low. This support is also a long-term higher low compared to February 2024. The correction was big and strong. Lasting more than 4 months and reaching almost 60%. A huge drop, but the market never drops forever, it never moves in one single direction, it moves in waves. Did you enjoy the bearish wave? Did you suffer through this wave? No problem, after a bearish wave comes a bullish wave. The good news is that the bearish wave lasted 4 months but the bullish wave will go for 8-12. That's a great deal. Go down 4 months and then growth for 8 months straight. Coinbase is preparing to grow, together with Bitcoin, NVIDIA and the Stock market. The bears are out. We will gain control of the market. It is the bulls turn. We are going up. Namaste.
NASDAQ:COINLong
by MasterAnanda
1
$WULF / 4hThere is no change in my #TeraWulf analysis in this frame. The entire pattern as a leading diagonal in wave (A) should have ended by an expanding diagonal as wave((c)), which seems to have found its extreme point on the extension of the diagonal (A)'s boundary line in a double bottom >> that would be considered as a significant extreme & reversal point. >> There is no redline for the NASDAQ:WULF 's analysis in my view since the Intermediate degree wave (A) that's expanded in a leading diagonal would be just an initial subdivision of the ongoing correction in one larger degree downward. The following retracement of 78.6% in a three-wave sequence as a countertrend advance of the same degree wave (B) would lie ahead quite soon. #CryptoStocks #WULF #BTCMining #Bitcoin #BTC
NASDAQ:WULF
by ElliottChart
SoFi Technologies (SOFI) – Prepping for Liftoff?Analysis Overview: The chart suggests that SOFI may be setting up for a major bullish reversal, but confirmation is still needed. Let’s break it down: Key Bullish Factors: ✅ Optimal Trade Entry (OTE) Price is currently sitting at an OTE level, a premium zone for long setups often used by smart money. These zones historically mark powerful reversal points. ✅ Monthly Fair Value Gap (FVG) Respected The stock tapped into a monthly FVG—a high-probability demand zone—suggesting institutional interest. A break and close above this zone would strengthen the bullish case significantly. ✅ 30 Moving Average (MA) as Confirmation Price is still below the 30MA. A clear break and close above the 30MA would serve as the first strong confirmation that buyers are regaining control. ✅ Massive Upside Potential If this plays out, the first target is the previous buy-side liquidity at $18.33, and if momentum sustains, we could even see a long-term move toward the all-time high at $28.54—a potential 228% gain from current levels. What We Want to See Before Full Confidence: 🔹 Price to break and close above the 30MA 🔹 Clear displacement through the Monthly FVG 🔹 Sustained bullish volume stepping in Conclusion: SOFI could be gearing up for a powerful upside run, but let the market confirm it. Watch the 30MA and how price behaves around the FVG. If those get respected and price pushes higher—this could be a sleeper play to watch in 2025. 🧠 As always... DYOR (Do Your Own Research)!
NASDAQ:SOFILong
by INSIDER_INTEL
$RIOT / 3hIt takes time for the waves to settle and the tide to change!! Today, the price volatilities revealed the ultimate final subdivision of wave v in an integral sequence in five waves. Hence, today's 6.39 low might be considered a significant extreme point close to the Fib 1.272 expansion level on the channel. Eventually, all waves settle! NASDAQ:RIOT should have concluded the entire correction in wave 2 by an ending expanding diagonal in its wave (c), which would indicate well to changing the trend in Minor degree to the upward. #CryptoStocks #RIOT #BTCMining #Bitcoin #BTC
NASDAQ:RIOT
by ElliottChart
1
KBH – 30-Min Bullish Trade Setup!!📈 🔹 Ticker: KBH (NYSE) 🔹 Setup: Trendline + Horizontal Support Bounce 🔸 Trigger Zone: ~$54.65 (yellow support zone + trendline retest) 📊 Trade Plan (Long Bias) ✅ Entry Range: $54.60–$54.80 ✅ Stop Loss (SL): Below $53.28 (white support base) ✅ Profit Targets: • TP1: $56.85 (recent resistance zone) • TP2: $59.64 (range top / March high) 📐 Risk-Reward Notes: • Price bouncing at trendline + horizontal support confluence • Bullish candle forming right on the yellow zone • Risk-reward ratio is favorable with clean upside • Setup supported by previous structure 🔍 Technical Highlights: • Trendline holding strong since early April • Support at $54.60 defended multiple times • Bearish pressure stalling → possible reversal setup • Potential for rotation back to upper range ⚙️ Trade Management: • Trail stop after TP1 • Lock in gains if price struggles near $56.85 • Watch volume + candle strength for continuation toward TP2 ⚠️ Setup Invalidation: ❌ Breakdown below $53.28 ❌ Bearish engulfing candle with heavy volume ❌ Consolidation under yellow zone for multiple candles
NYSE:KBHLong
by ProfittoPath
2
FIVN – 30-Min Bullish Trade Setup!📈 🔹 Ticker: FIVN (NASDAQ) 🔹 Setup: Symmetrical Triangle Breakout + Downtrend Break 🔸 Breakout Zone: ~$22.60 (yellow zone + triangle apex) 📊 Trade Plan (Long Bias) ✅ Entry Range: $22.60–$22.80 ✅ Stop Loss (SL): Below $21.55 (white support level) ✅ Profit Targets: • TP1: $24.11 (prior resistance zone) • TP2: $25.80 (key breakout level) 📐 Risk-Reward Notes: • Clean triangle breakout with bullish momentum • Downtrend line broken with small-bodied candles → shows buildup • Potential volume expansion could confirm move • Risk-reward setup favors bulls above $22.60 🔍 Technical Highlights: • Downtrend breakout + higher low formation • Triangle breakout shows buyers regaining control • $24.11 is a key test level — watch reaction • Price held above strong support at $21.55 ⚙️ Trade Management: • Move stop to breakeven after TP1 • Trail SL using 9EMA or trendline • Monitor volume on push above $23 for momentum confirmation ⚠️ Setup Invalidation: ❌ Breakdown and close below $21.55 ❌ Bearish engulfing candle with high volume ❌ Price consolidates below triangle after breakout (fakeout risk)
NASDAQ:FIVNLong
by ProfittoPath
EXEL Chart Heating Up: Breakout Watch!🔍 Overview: On the 30-minute chart of EXEL (Exelixis, Inc.), we're witnessing a symmetrical triangle breakout forming near a key confluence of support/resistance. This setup could lead to a potential bullish move if confirmed. 📌 Key Technical Highlights: Pattern: Symmetrical triangle Breakout Point: Near $34.85 (marked by yellow circle) Resistance Levels: Minor: $36.07 (red) Major: $37.21 (green) Support Zone: $34.10 (white line) Volume: Moderate, needs confirmation with breakout candle 📈 Trade Plan (Long Bias) ✅ Entry Zone: $34.80 – $35.00 (post breakout confirmation) ❌ Stop Loss (SL): Below $34.10 (trendline & horizontal support) 🎯 Profit Targets: TP1: $36.07 (previous resistance) TP2: $37.21 (major resistance zone from March highs) ⚙️ Risk-Reward Considerations: Symmetrical triangle suggests price compression and upcoming breakout Risk:Reward ratio looks favorable if trade follows upward momentum Confirmation needed with volume breakout + strong candle close above triangle 📚 Educational Takeaway: This is a textbook case of price consolidation followed by breakout anticipation. Symmetrical triangles often act as continuation patterns, and when paired with horizontal support and volume analysis, they offer high-probability trade setups. Traders should always wait for confirmation—breakouts without volume can lead to fakeouts. Set tight stops and manage your trade dynamically as price action unfolds. ✍️ Final Thoughts: If you're actively trading stocks like EXEL, using clean patterns like this combined with defined entry/exit rules can dramatically improve consistency. Keep watching volume and price action for the final signal.
NASDAQ:EXELLong
by ProfittoPath