NKENike is currently consolidating and will be breaking out of it's consolidation soon. A break above the trendline confirms the upward projectory.
NIKE34 trade ideas
Nike @ 121.90In this video, you will see a study of Nike stock.
The first thing you will notice is the parabolic system.
Also, notice the relation between the volume and the gaps.
using this system you can how the price breaks away from the trend.
You will also see the breaking news.
Inside this article, they talk about the Federal Reserve.
You will then see long-term trends.
You will see the difference between a good trend
for buying and a bad one.
Watch this video to learn more and rocket boost this content
Thank you for watching.
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$NKE - Sell or hold?NYSE:NKE getting close to $124 target. Analysts are raising their price targets right before the earnings next week. The last time that happened with NASDAQ:NVDA the stock went parabolic. So I would think they have whisper numbers! hint... hint...🤔
On the other hand, the stock is in over bought territory.
However the technicals indicates further upside to $130 to $160area.
This is where the execution matters. The art of knowing when to exit.
Should I sell or should I risk and hold through the earnings?
I know I don't have much followers so the question basically is like I am asking to myself. Ha ha ha... 😂
Nike Upside Potential Could Surprise Many I'm bullish on Nike shares even after the apparel giant’s earnings miss. This is a phenomenon company, even Steve Jobs liked them so much.
The Idea could be wrong do your own research.
regards:
TSLA bug hodler
Nike $NKE Trade IdeaTook a trade on NYSE:NKE on Dec 1 (last Friday) as the price closed above the resistance zone per the chart image.
Since then the price rallied as expected. It is now approaching my first exit point at $117, so I will exit 30% of my contracts.
My short/medium term target will be the red diagonal line on the chart which is the 2023 resistance level, at about $119-120 per share.
The MAs are all sloping up pointing to a short term bullish trend, however the oscillators are showing overbought condition so I would be wary of a near term pullback. This will provide me with an opportunity to add more contracts with a longer DTE if the price sentiment hasn't changed.
Hope this was helpful for the readers, follow for more trade ideas.
Thank you,
BK
Swing Trade Patterns: $NKE ExampleNYSE:NKE stock has a 2-day resting pattern and then a candlestick buy entry signal that is slightly longer than its average price gains in a single day.
Most Volume Oscillators are not at the top of the chart yet. Flow of funds indicators indicates money flowing into this stock.
The higher line is the bottom completion level for this short-term bottom. The resistance is moderate for a swing trade, but the stock could break through if momentum to speculative buying continues.
$NKE - Triangle breakoutUpdate to Nov 4 post: NYSE:NKE
Nike just broke out of a large symmetrical triangle, with a potential measured move of $150.
Earnings are scheduled for December 21st. Considering the positive quarter reported by NYSE:FL , it's hard to imagine Nike having a negative quarter. But, as we know, earnings can be unpredictable, so adjust your risk accordingly.
Upside targets:
$115
$124
Downside risk:
$101
NIKE#NIKE - H4
📣 Upon examining the 4-hour timeframe, with the breakout of the consolidation pattern ceiling around 110.89, we anticipate a price growth towards the 116.00 range.
⛔ Stop Loss: 106.00
On the other hand, with the breach of the 106.00 range, one may consider initiating a sell position with a target of 101.00.
⛔ Stop Loss: 110.89
NIKENIKE📉
Downtrend
pullback into fib level/supply zone
third touch of the trendline
BEARISH I SAY📉📉
NKE LONGNKE is oversold for my mind its very good company, that is undervalued I have call for it September expire
NKE approaching long-term resistance NIKE Inc. (NKE) presently trading above long-term resistance.
If a weekly settlement above this resistance occurs, (NKE) would be placed into a buy signal where gains of 20% would be expected over the following 5 - 6 months.
Inversely, closing below a near-term channel top would allow bearish rotation to recent lows, eliciting losses of 20% over the following 2 - 5 months.
$NKE - Can it travel more?NYSE:NKE Nike did a successful breakout retest on the descending wedge trendline. It is also forming head and shoulder with neckline about to break.
It is currently up against the $107 - $111 resistance.
The measured move for the break out is $118.
Upside targets:
$111
$115
$124
Downside risk:
$97
Will it crash to $50?Chart looks bearish with lower lows and lower highs. Once it goes below 80, high chance it could hit 50, may be by May 2024.
NKE AnalysisMy analysis on NKE for the moment is that it's not a buy yet. It's been gradually going down for the past few months.
NKE SELL ++++NKE has a nice bounce on oversold conditions has stalled on resistance and should restest $96.50 support in coming days
NKE LongI'll let the chart do the talking here. Going long with calls tomorrow and will make a quick scalping.
OPPORTUNITY TO BUY NIKE ! daily analysisDear Investors,
Nike is showing a strong buying signal after good fundamentals this year.
this could be your opportunity to invest in a low-risk high-reward trade.
you can contact me for more info on why this is a good trade & give you a strategy on how to manage this trade and close it in the best scenario possible.
you can check my old trades too to get an idea of my trading mentality.
$NKE - Can it break out?NYSE:NKE Nike did a reversal from $88 (see prior post). It is currently trading inside a descending wedge.
If the price can break above $98, it can see further upside.
Here are the price targets:
$107
$110
$114
Downside risk:
$88
I am long.
NIKE: Repeating the 2022 decline unless it crosses the 1W MA100.Nike isn't on its best long term technical outlook being neutral on 1D but bearish on the 1W timeframe (RSI = 36.926, MACD = -4.740, ADX = 46.648). The four month pattern is a Channel Down, which if broken upwards should target the 1W MA50 (TP = 111.50). That's on the medium term because on the long term, the market needs to cross over the 1W MA100 (which has been closing weekly candles under it since February 22nd 2022), if it wants to restore investor confidence. If not, we risk a repeat of the August-September 2022 selloff.
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Inverse Head & Shoulder pattern for NKE If the price fails to rebound from current support level at 101.85, then it is going to revisit 89.10 and possibly form an inverse H&S pattern at 78 price level before rebounding. Buy in tranches as nobody can predicts how the market will behave
Long nike at pattern completion zone type 1 returnMassively oversold on the RSI multiple timeframes, Nikes not going anywhere folks, this so called recession still avoids us. Im in. Buying today.
NKE Entry, Volume, Target, StopEntry: with price below 96.55
Volume: with volume greater than 20.1M
Target: 87.57 area (this is an area, no guarantee it reaches this price, but you should be selling on the way up)
Stop: Depending on your risk tolerance; Based on an entry of 96.54, 101.03 gets you 2/1 Reward to Risk Ratio.
This SHORT swing trade idea is not trade advice and is strictly based on my ideas and technical analysis. No due diligence or fundamental analysis was performed while evaluating this trade idea. Do not take this trade based on my idea, do not follow anyone blindly, do your own analysis and due diligence. I am not a professional trader.
