Inverter Bullish Hammer detected? Same outcome + ER = BUY?Will Nike behave the same way it did after October 1st?
NKED trade ideas
$NKE Nike ready for move back to it's ATH?Look like Nike bout to start moving.
The TA doesn't look bad. Might get a retest of ~70$ before the move.
Have no idea what happening inside of the company if there is any bad new of course you shouldn't long.
If I wanted to rotate my gains from the Stocks that already pumped this would be it.
$NKE NIKE | NIKE RANGE BREAKOUT TRADE SETUPS - Dec06'24NYSE:NKE NIKE | NIKE RANGE BREAKOUT TRADE SETUPS - Dec06'24
NYSE:NKE Trends:
NYSE:NKE Weekly: Bearish
NYSE:NKE Daily: Bearish
NYSE:NKE 4H: Bearish
NYSE:NKE 1H: Bullish
BUY/LONG ZONE (GREEN): $79.25 - $88.00
DO NOT TRADE/DNT ZONE (WHITE): $77.25 - $79.25
SELL/SHORT ZONE (RED): $71.00 - $77.25
NYSE:NKE had a bearish gap down caused by earnings on Oct01. Continuation after the slight pullback to 84.50, price breaks below 81.25 and 80.75, two minor levels I was monitoring. Price breaks this zone, retests, then continues back downwards to 73.25. Price touches 73.25 then begins a slight bullish rally up to 77.25 - 78.00 zone. Current sideways range, bulls look for break above 79.25, bears look for break below 77.25. NYSE:NKE next earnings report is mid/late Dec.
This is what I would personally look at before entering trades, everything is subject to change on a daily basis and as I analyze different timeframes and ideas.
ENTERTAINMENT PURPOSES ONLY, NOT FINANCIAL ADVICE!
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What do you see, and what would you expect to happen?Please write down what you see, your forecast for the next 2 weeks, and expectations of movement after earnings!
this way you can see how good your forecast can be!
Some may see a bullish flag, others may see a potential for a pullback
...etc.
write down your action plan for Dec 20.
Nike's Black Friday deal (60% off)A possible double bottom after a 60% decline from its top and the lowest price-to-sell ratio makes NKE a deal before is earnings!
Investing in Nike Investing in Nike (NKE) stock could be an appealing opportunity at current prices for several reasons:
Upside Potential: Analysts project an average 12-month price target of $96.30, representing about a 23% upside from the current price of approximately $78.28. Some forecasts even suggest a high target of $130
Strong Financials: Nike has demonstrated effective cost management, beating earnings expectations recently, and maintains a high return on equity of nearly 40%, indicating strong operational efficiency
Dividend Growth: The company recently raised its dividend, now yielding about 2.13%, reflecting financial stability and a commitment to rewarding shareholders
Valuation Opportunity: The stock is trading below its 50-day moving average, presenting a potential buying opportunity for investors expecting a recovery
However, investors should also consider some risks:
Recent revenue declines and cautious outlooks from some analysts may indicate challenges in the short term.
The current price-to-earnings (P/E) ratio is higher than some peers, which could suggest limited room for growth without improved performance
Overall, for long-term investors with confidence in Nike’s brand strength and global strategy, the current price could offer a compelling entry point. Diversification and awareness of potential near-term volatility are important considerations when investing.
Will NKE Turn around soon?The drop may be behind us.
NKE is trying to retake 21 weekly EMA with upcoming ER. If ER can confirm the the worst is behind us, it is probably a good candidate for 2025 turn around play.
$NKE: OUTLOOKNYSE:NKE : OUTLOOK
If we break $79.18, expect to see $79.85!📈
👉 LIKE & FOLLOW for more updates!
Nike for the Long Term? Nike stock reacting at several levels on my chart. Long term trend line, Value area rotation, double bottom at support.
Several confluences for me, break the lows would be a clear invalidation.
11:1 r/r
Nike buyNike Buy
Confirmations, confluences of zones
3M - Lower quadrant of the Dealing Range
- Reacting on 50% of the last quandrant, bodies respecting
- Bodies respecting the traversing FVG
Daily
- Shift of the structure with momemtum on these zones
- Bearish Daily Trendline to be upset
News/October earnings positive pushed the price lower in this key zone and took the key lows on left side, taking enough fuel to propulse the price higher
Nike BuyNike Buy
Confirmations, confluences of zones :
3M
- Lower quadrant of the Dealing Range
- Reacting on 50% of the last quandrant, bodies respecting
- Bodies respecting the traversing FVG
Daily
- Shift of the structure with momemtum on these zones
- Bearish Daily Trendline to be upset
News/October earnings positive pushed the price lower in this key zone and took the key lows on left side, taking enough fuel to propulse the price higher
NIKE: A 40 YEAR BUYING OPPORTUNITY? (November 23, 2024)Another video on Nike stock looking at some new data suggesting further that this is a once every 40 year buying opportunity
NIKE: One of the largest brands on this planet! BUY NOWNIKE: One of the largest brands on this planet! BUY NOW! 50% Upside Ahead
If you believe Nike is a dying company or will lose to HOKA, ON, and whoever else as the years roll on you clearly haven't studied Nike hard enough and seen the continued destruction of EVERY SINGLE brand to try and fight them...Adidas, Under Armor, Puma, New Balance, Asics, Brooks, etc. etc. etc. The LIST WILL INDEED continue.
This name is not a H5 Setup...YET. But, I'm adding it to my watchlist as we have a beautiful Inverse H&S, Sitting on a Volume Shelf, Wr% divergence, and a Hammer Candle which typically means a reversal of a downtrend. All on the weekly chart!
I believe that Value and Dividend names will be the hot ticket stocks in 2025 due to how beaten down they all are and so much treasury and high-interest savings money flowing into the markets, choosing this category of stocks to be on the safer side as that is the type.
Once we get the BULLISH Green BUY signal on the H5 Indicator, it's all over, and you will not see Nike at these levels, most likely EVER AGAIN! You all realize Nike has a large MOAT and is one of the most prolific brands on the planet, right?! Ok, good, I thought you forgot!
Will update once we get the flip to a BUY! Will begin adding in my LT portfolio now due to the value on this company at these levels right now though.
NFA
Outlook for NikeNike, Inc. (NKE) - Potential Bullish Reversal Outlook
Here’s a detailed explanation of why the illustrated outlook could be plausible, assuming Nike delivers good results in the coming years:
1. Technical Analysis
Descending Channel Breakout Potential: The stock has been trading within a descending channel for an extended period, indicating a longer-term downtrend. However, it is approaching the lower boundary of this channel, which often acts as strong support. A breakout upwards could signal a reversal.
Horizontal Support: The current price is near a significant horizontal support zone (~$74-75). This level has held multiple times in the past, suggesting strong buying interest.
Moving Averages:
Long-term moving averages (e.g., 200-month SMA) are approaching the price and may act as dynamic support.
If the stock reclaims and trades above shorter-term moving averages (50- and 100-month SMA), it would strengthen the bullish case.
Volume Patterns: Increased trading volume near support indicates heightened buyer interest, potentially signaling a rebound.
2. Fundamental Outlook
Resilience of Nike's Brand: Nike remains a market leader in athletic footwear and apparel. Continued innovation and strong brand equity should help sustain growth.
Growth in Emerging Markets: Nike's expansion in emerging markets offers significant growth opportunities due to rising disposable incomes and demand for premium brands.
Direct-to-Consumer Transition: Nike's focus on e-commerce and DTC channels is a positive shift, enhancing margins and operational efficiency.
3. Macroeconomic Conditions
Moderating inflation and recovering consumer spending could lead to increased discretionary spending on premium products like Nike's.
A stronger macro environment would also support a broader market recovery, helping Nike's stock price.
4. Potential Scenarios
Bullish Case:
Positive earnings surprises could lead to a breakout of the descending channel and start a new uptrend.
Targets align with prior resistance zones (~$100, $120, $140).
Stochastic indicators suggest oversold conditions, increasing the likelihood of a reversal.
Bearish Risk:
If $74 support fails, the next significant support is near $63. However, this seems less likely given the strong historical support at current levels.
5. Conclusion
This potential outlook reflects a combination of technical setups and long-term growth expectations. If Nike executes on its strategic initiatives (DTC growth, market expansion, and maintaining leadership) and macroeconomic conditions improve, the stock could recover and return to previous highs over the next few years. The outlined targets align with technical resistance levels, making them reasonable milestones for a multi-year bullish scenario.
NKE LongTrendline break
Support/resistance line + Confirmed
Entry 77
Stop 74
Target 85, 97
Risk management is much more important than a good entry point.
I am not a PRO trader.
In my trading plan, the Max Risk of each short term trade should be less than 1% of an account.
Closing the Gap and restartingPrice will probably continue to drop heading 69$ zone where a GAP is waiting to be filled
Bottom of purple channel will be touched again and an uptrend will probably follow
Confirmation by closing over red channel
NKE Short position 20241107Trade NKE Short
Downtrend, high on the curve at a strong, fresh demand zone.
NKE D1 Long Buy Entry @ 84.10
S/L @ 70.82
T/P @ 97.32
R.R.R. @ 1/1
Pure Price Action analysis based on Breakout of target level.
Nik by Dl InvestHello community,
A little daily analysis in log scale, because I use the "Adaptive Trend Finder" and "Price Action Ultimate" indicator.
The channel is bearish.
I drew a Fibonacci retracement in log, to see if there is a golden zone.
If the theory works, we have a target around $90.62.
Nothing says that the title will rebound, change of CEO, so we can hope for change in a while.
Make your opinion, before placing an order.
► Thank you for boosting, commenting, subscribing!
Potential Bear Flag in NikeNike has been under pressure since late 2023, and now some traders may look for bearish momentum into year-end.
The first pattern on today's chart is the price area around $88.66. The athletic-apparel stock bottomed there in September 2023 and April 2024. It peaked in the same zone last month before dropping. Has old support become new resistance?
Second is the series of higher lows since August. NKE has been pushing against that trend line recently, which may create potential for a bear-flag breakdown. The 50-day simple moving average (SMA) is in roughly the same place.
Next, NKE gapped lower after its last quarterly report on October 1. Since then, it's been unable to fill the resulting space on its chart.
Finally, the stock is slipping back below its falling 100-day SMA. The 8-day exponential moving average (EMA) has also remained below the 21-day EMA. Those signals may reflect bearishness in the long and short terms.
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