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NIKE INC CEDEAR EACH 12 REP 1 CLS'B' (USD)NN

NIKE INC CEDEAR EACH 12 REP 1 CLS'B' (USD)

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NKE I AM BULLISH !!!!! even after earnings... Very good opportunity on NYSE:NKE , long term, over 6 to 12 months... we're almost filling the gap, within $3... I had already bought some at $100, I'll add a bit more today... good luck to everyone... It's not gambling... They pay a dividend, China is back, ... interesting growth potential... Earnings are forecast to grow 11.04% per year Correction: I've just been informed that some purchases will be made next week... not today... NYSE:NKE
NYSE:NKELong
by Maximus20000
2
Nike Faces Stock Tumble Despite Earnings Triumph 📉Nike ( NYSE:NKE ), the athletic apparel powerhouse, saw its shares take a hit in after-hours trading despite outperforming expectations in its third-quarter fiscal 2024 earnings report. While the company reported robust revenue and profit figures, it issued a cautious outlook for the first half of fiscal 2025, sending ripples through the investor community. The Numbers: Nike's third-quarter revenue climbed to $12.43 billion, surpassing analysts' projections, accompanied by an earnings per share of 77 cents. However, the elation was short-lived as the company forewarned of a low single-digit decline in revenue for the first half of fiscal 2025. Reasons Behind the Decline: Chief Financial Officer Matthew Friend attributed the anticipated revenue dip to the company's strategic shift in its product portfolio towards innovation. This pivot, while essential for long-term growth, poses short-term challenges, particularly amidst a subdued economic landscape globally. Global Market Dynamics: Nike's performance across different regions depicted a mixed picture. While revenue in Greater China showed a modest increase, the EMEA segment witnessed a decline, reflecting the complexities of navigating diverse market conditions. Olympic Hopes: With the upcoming Summer Olympic Games on the horizon, Nike is banking on several product launches and marketing endeavors to captivate consumers. The event presents a pivotal opportunity for the brand to showcase its latest innovations and amplify its brand storytelling. Strategic Adjustments: Nike ( NYSE:NKE ) is taking proactive measures to align its product offerings with evolving consumer preferences. This includes reducing the supply of classic footwear models in favor of newer, innovative products that resonate better with modern consumers. Investor Reaction: Despite the positive earnings report, Nike's stock experienced a significant drop in after-hours trading, signaling investor concerns about the company's near-term revenue outlook. The stock plummeted to its lowest levels since last October, reflecting the apprehension in the market. Outlook: Nike navigates through short-term headwinds, its focus remains on driving innovation and capturing market opportunities. The success of its strategic initiatives, coupled with the buzz surrounding the Summer Olympics, will be closely monitored by investors in the coming months. In conclusion, while Nike's earnings beat underscores its fundamental strength, the stock's post-earnings dip underscores the challenges ahead as the company charts its course in a dynamic marketplace.
NLong
by DEXWireNews
1
Nike's Bold Move: Expanding Into Virtual Fashion in Video Games Sports apparel giant Nike ( NYSE:NKE ) is set to deepen its foray into the video game space through its blockchain and digital wearables division, .Swoosh. The company's recent announcement promises a new line of virtual products known as "Nike In-Game Wearables," which users can directly purchase and wear within their favorite video games. Despite the excitement surrounding this innovative step, the extent to which these in-game wearables will involve non-fungible tokens (NFTs) remains shrouded in ambiguity. The Vision Behind Nike's .Swoosh: Nike's .Swoosh division, rooted in blockchain technology, aims to redefine the virtual product landscape by emphasizing the intrinsic value of enjoyment and self-expression. The company believes that a virtual product's worth should be derived from the pleasure it brings users when expressing themselves or unlocking access to physical items, fostering a sense of genuine fanhood rather than mere transactions. The Unveiling of Nike In-Game Wearables: According to a blog post by .Swoosh, the upcoming year will witness a profound expansion into video gaming with the launch of Nike In-Game Wearables. Unlike digital collectibles or NFTs, these wearables can be directly purchased and worn within users' preferred video games, eliminating the need for crypto wallets. The move signifies Nike's commitment to integrating virtual fashion seamlessly into the gaming experience, blurring the lines between the physical and digital realms. NFT vs. In-Game Wearables: Deciphering Nike's Strategy: Despite .Swoosh's previous ventures into the NFT space with digital sneaker releases on Polygon, and hints at potential collaborations with EA Sports and Fortnite, Nike ( NYSE:NKE ) is cautious in distinguishing between its "digital collectibles" or NFTs and the new "in-game wearables." The blog post suggests that the two are inherently different, raising questions about whether the upcoming wearables will be crypto-related or more akin to traditional collaborations like the one with Fortnite. Nike's Stance on NFTs and Marketplace Dynamics: Notably, Nike remains circumspect about the involvement of NFTs in every .Swoosh release, emphasizing that not every product launch will result in an NFT drop. The company also clarified that owners of Nike digital collectibles (NFTs) will have the option to move their items to personal crypto wallets later this year, facilitating trading on marketplaces that guarantee royalties to creators. The Absence of a Nike NFT Marketplace: Contrary to industry trends, Nike asserts that building its own NFT marketplace could distract from product creation and storytelling. The company hints at a strategic decision to abstain from starting an NFT marketplace, leaving collectors to utilize existing platforms that support the exchange of Nike NFTs. Conclusion: As Nike ( NYSE:NKE ) steps boldly into the virtual fashion realm within video games, the blurred distinction between NFTs and in-game wearables adds an element of intrigue to the company's digital strategy. While enthusiasts await further clarification from Nike regarding the role of NFTs in these upcoming releases, one thing is certain – the sports apparel giant is poised to make a lasting impact on the intersection of fashion, gaming, and blockchain technology.
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by DEXWireNews
NKE dumped after earnings, what next?Analyzing NKE I find that the long term downtrend is still not managing to reverse, but is showing some signs. Now I would look for what short timeframes do around the 88.66 level, if they do not become divergent there and break the low, I would look at 82.22. If we do not have a clear weekly divergence there, it means NKE is not able to become bullish in the long term, and will dump further and further, until we print a real weekly div.
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by MagusTrading
1
NIKE BULL AFTER EARNINGS 120Nike’s stock looks bullish over the longer-term after breaking up from a falling channel pattern on the daily chart1. If Nike receives a bullish reaction to its earnings print and remains above the 50-day SMA, the eight-day EMA will cross above the 21-day EMA, which would be bullish1. Wells Fargo analyst Ike Boruchow added Nike to his top picks list, stating, "We simply believe the recovery characteristics and self-help story now beginning at make for a more compelling long idea into 2024
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by NYRUNSGLOBAL
NKE NIKE Options Ahead of EarningsIf you haven`t sold the massive Head and Shoulders bearish chart pattern of NKE: Then analyzing the options chain and the chart patterns of NKE NIKE prior to the earnings report this week, I would consider purchasing the 100usd strike price Calls with an expiration date of 2024-12-20, for a premium of approximately $10.35. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
NLong
by TopgOptions
2
S&P 500 Falls + Nike Price Target DropsThis is probably not a good time to buy a stock because SP:SPX is falling down in performance. -- Sadly am seeing many people in the trading community entering trades late into the market open on intraday trading strategies on which I have no experience in. -- This type of mindset leads you to buy from the top in a bag holding stance or best case scenario a sideways market which is the worst feeling ever. -- I don't like buying flat markets without a catalyst because the catalyst causes the price to move. -- Nike Price Target Drops To $125 According to the breaking news tab right here on Trading View you will see that analyst from Citi Group is suggesting a drop in price target from $135 to $125 -- This is a heavy bearish sentiment which is very much in alignment with the current state of the market. -- S&P 500 Is In A Downtrend -- This is all over the headlines and sadly it's true the market is tanking and bitcoin BINANCE:BTCUSDT followed suit even though its recovering slowly the point is it crashed as well. -- Citi Group Cuts Nike Price Target -- This is one of the features of the stock market where the people on the trading floor at Wall Street are looking at the crowd sentiment to try to predict the price action -- The problem is its difficult to determine price action because we are trading volatile prices every day -- Your only safety is risk management -- The rocket booster strategy according to this chart is showing you that this price is in a downtrend -- The Rocket Booster Strategy: --- 1-Price has to be below the 50 MA 2-Price has to be below the 200 MA 3-The 50 MA Should Cross Below The 200 MA -- If you want to trade the right stocks then you should learn a trading strategy the one above is the rocket booster strategy -- Rocket boost this content to learn more -- Disclaimer: Take this as a warning you will lose money from trading do not buy or sell anything I recommend to you. Learn risk management and please trade with caution.THis is not financial advise there are just ideas and opinions.
NShort
by lubosi
NKE - Doing It ✔️Hello TradingView Family / Fellow Traders, NKE has been hovering inside a range in the shape of a symmetrical triangle. Moreover, it is currently sitting around a strong support and round number $100. 🏹 Hence, as long as the $95 support holds, we will be looking for buy setups on lower timeframes. 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Richard Nasr
NLong
by TheSignalyst
2
NKE ShortShort shares of NKE - earnings soon. I don't expect them to be positive, personally. COVER BEFORE EARNININGS unless you are looking for a gamble. Depending on risk : Set a stop-loss around 101.72 to 107.05 Take profits around 88.05 - 80.63 -- Be wary of the trendline; it could bounce off, so if you're looking to manage the trade, that is what you'd want to keep an eye on. I don't expect profit zones to be reached, but nonetheless am keeping a stop in those zones. My trade will likely be based off of any quick move down that begins to lose sustainability; that will be my exit, especially going into earnings. You can play this via puts as well. The reason I am not doing so is simply due to the high implied volatility going into earnings; however, there are some decent opportunities I could see there, worth checking out if you are familiar with options. Otherwise, best of luck in the markets, everyone!
NShort
by bcstonecipher
2
Nike is Laying Off About 1,700 WorkersIn a bid to weather the turbulent economic storms ahead, sportswear giant Nike Inc. ($NIKE) has announced significant cost-cutting measures, including the layoff of approximately 1,700 employees, representing about 2% of its workforce. This move comes as part of a broader initiative aimed at slashing costs by as much as $2 billion, reflecting the company's proactive stance in the face of shifting consumer behaviors and intensifying competition. The decision, outlined in a recent statement by a Nike ($NIKE) spokesperson, underscores the company's commitment to optimizing its operations and capitalizing on its most promising growth opportunities. With consumer preferences evolving towards more essential purchases and experiential spending, Nike finds itself confronting a landscape where traditional discretionary purchases, such as high-end sneakers and athletic wear, are facing increasing scrutiny. Compounding these challenges are the emergence of disruptive upstart brands like Hoka and On Cloud, which have been steadily encroaching on Nike's market share. This heightened competition underscores the imperative for Nike to not only streamline its operations but also to innovate and differentiate itself in a crowded marketplace. However, the headwinds facing Nike ($NIKE) extend beyond shifting consumer trends and increased competition. Global economic uncertainties, particularly in key markets like China and Europe, have further complicated the company's outlook. Concerns over subdued consumer spending, exacerbated by macroeconomic factors and geopolitical tensions, have cast a shadow over Nike's growth prospects in these regions. In China, the world's second-largest economy, a confluence of challenges ranging from a real estate downturn to weaker exports has dampened consumer sentiment, posing significant hurdles for Nike's ($NIKE) expansion efforts. Similarly, Europe's economic woes, punctuated by stagnant growth and the specter of recession, have added to the company's woes, with Germany, the region's economic powerhouse, experiencing its first contraction since the onset of the Covid-19 pandemic. Against this backdrop, Nike ($NIKE) finds itself at a critical juncture, where adaptability and resilience are paramount. By undertaking proactive cost-cutting measures and recalibrating its strategic priorities, the company aims to navigate these turbulent waters and emerge stronger in the long run. However, success will hinge not only on internal restructuring but also on Nike's ability to innovate, engage consumers, and effectively respond to evolving market dynamics. In conclusion, Nike's ($NIKE) decision to implement workforce reductions and embark on a cost-saving initiative reflects its proactive stance in the face of economic headwinds and industry challenges. As the company charts its course forward, it must remain vigilant, agile, and customer-centric to maintain its competitive edge and sustain growth in an increasingly complex global landscape.
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by DEXWireNews
#NIKE Technical Analysis and Trade IdeaMarket Observations: NKE has decisively broken its previous downtrend, establishing a higher high. This bullish breach was further fueled by a liquidity run targeting sell stops below the recent triple-bottom (equal lows). The strong momentum accompanying this breakout signals a potential buying opportunity. Trade Strategy: Target a buy entry upon a retracement to the 61.8% Fibonacci level. Be sure to place a stop-loss order below the recent swing low to effectively manage risk. Maintain a favorable risk-reward ratio. Video Focus: This video explores the technical analysis principles that support this bullish perspective: - Trend Analysis: Identify breakouts and trend reversals with clarity. - Liquidity Runs: Understand how stops are targeted and the impact on price. - Fibonacci Retracements: Recognize key retracement levels for optimal entries. Disclaimer: This analysis is provided for educational purposes and should not be interpreted as financial advice. Thoroughly conduct your own research and assess your risk tolerance before making investment decisions.
NLong
by fxtraderanthony
NIKE - Just Trade the Wedge?This wedge has formed and should be a super consistent pattern to trade within until we see a breakout (probably to the upside). Excellent long opportunity, my long entry is around $95 as I like to get the best price possible. I may also dollar cost average down via writing weekly expiration at the money puts (being paid to place limit orders) in order to generate some extra cash flow along the way. Please use proper risk management. Thanks!
NLong
by The_Gains
NKE - Just Do It ✔️Hello TradingView Family / Fellow Traders, On Weekly: Left Chart NKE has been hovering inside a range in the shape of a symmetrical triangle. Moreover, it is currently sitting around a strong round number 100.0 🏹 Hence , as long as the 100.0 support holds, we will be looking for buy setups on lower timeframes. On Daily: Right Chart 📈 For the bulls to take over, we need a momentum candle close above the last major high in green at 107.0 📉 Meanwhile , NKE would be bearish, and if the 100.0 support is broken downward, we can expect a bearish continuation towards the lower weekly trendline where we will be looking for new buy setups. 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Richard Nasr
NLong
by TheSignalyst
1