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

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

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


NKE just when you think they might be turning a corner.





NKE Nike is so finished. We’re heading to the 50s

NKE seeing potential bottom formation here, next dow jones weakness would show buy conviction with more clarity, 5% weekly return could be in play.
Snapshot

NKE Supply chain in Vietnam, but widespread fear for a stock that could have a big rebound, depending on whether it loses much more in the next week or two.

Advice? Live to fight another day and don't burn your money; wait for an opportunity.

NKE 63 still looks good, will consider a long position when relief rally bring this to around 66 then double bottom here; otherwise im looking at sudden drop to 60 with volume showing capitulation for a bounce to 66 within one trading week.