NKE shortLooks like wave 2 of wave 3 of the downtrend consolidating around point of control.
If breaks down will have a downward impulse wave.
NIKE34 trade ideas
NIKE - BULLISH SCENARIOThe downtrend for Nike Inc seems to be over. The American sportswear company got huge support at the $ 100 price level.
The 1st,2nd, and 3rd resistance levels are located respectively at $ 118, $ 130, and $ 140
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Just Long It...I am cutting this very fine as we're so close to where I have started the fork and it can become invalid fast - However we're being bold and playing this as a major low/bottom for now - blue lines should tag a reversal point in the future if this fork holds.
NKE AnalysisPrice is on an uptrend, creating sell-side liquidity. Price has mitigated the bearish POI at 117.61 and is currently retracing to the downside. We are still on a higher timeframe downtrend. I'm expecting price to go lower and take out sell-side liquidity before going higher.
DowntrendHere after the breakout with force the vwap indicator by a big red candle with a large red volume we will have a big probability of a downtrend so you can sell at the next red candle. Thanks.
AnalysisHi! On this chart we are in an uptrend and we are not going against this trend. We will wait until there is the break of the support line and the vwap with strength by a large red candle followed by a large red volume to hope for a downtrend.
Moreover, we must not forget that we can also have a continuation of the trend if and only if the resistance line is broken with force by a large green candle and followed by a large green volume. Thanks.
NKE is ready for BO NKE is getting ready for good breakout. NYSE:NKE
*Not an investment or trade advice. Solely my own interpretation. I opened a position for NKE on 8/9/2022.
Nike (pullback to make double bottom?)Looks like we may be entering into a corrective state of market structure. We have recently finished our second 5 wave impulse being that we are on a downtrend currently. We have been dealing with a bearish rally filled with good news from the media while there are still battles ongoing with rumors of war, inflation , supply chain issues etc. I could keep going but you get the point. Smart money is still being strategic about the manipulation so I wouldn't get too bullish . If this corrective wave is true, we would like to see a pullback into the B wave which should start a range for the new "ABC" correction before judging the next breakout. We have our stop loss set at the high of wave a to be safe and our target are at the 61%, 78%, and 100%, to account for either a "regular flat", "irregular flat", or a "running flat". Not advice of course! Let's see how this plays out going forward.
Thanks for the support! Remember, the better you is tomorrow but the current days needs enough attention to get you there!
$NKE Buy Above $107.10 or Sell Below $ 101.50Buy Above $107.10
TGT 1- $114
SL: $104
Sell Below $ 101.50
TGT 1- $ 95
TGT 2:- $ 93
SL: 104
Bad Bunny Nike is having a a sponsorship h¿with probably the most famous singer, and since it's shoes are selling pretty high it, I would probably go long.
NIKE, INCA beautiful, very strong and powerful climb as he penetrated the good price channel and in case of closing it over it we can see it at the specific viewing area that is considered a target
$NKE Analysis, Key Levels, and Targets - REQUEST$NKE Analysis, Key Levels, and Targets - REQUEST
I have no position here… just doing an analysis for my friend @Dirty_Money88
Interesting. First thing I see right away is MacD curling up… on the weekly… BUT also remember that macD is way under the centerline so still bearish, but with a bullish twist… Sentiment has been getting lower week over week…
It looks like the 200MA was defended… and the MA’s are moving up….
I'd probably sell some puts around 20 delta around here... 😏
AnalysisHi! Here, we have a breakout as you see on the chart the resistance line so we will have a high probability of an uptrend.thanks.
Pulse candleAs you can see on the chart we have an impulse candle which has forcefully broken the vwap indicator, hence an uptrend with high volume support. Thanks.
AnalysisHello! As you see on the chart we will have a big probability of a downtrend if we have a breakout with force the support line by a big candle with a large volume because the support line is more important than the resistance line. But there may be a continuation of the uptrend if the vwap and resistance line were forcefully broken by a large green candle and accompanied by large green volume.
nke 2 scenarios nke 2 scenarios .. 1] buy after the break above the resistance 1 and 50ma .. 2] sell after the break under the support level and follow the downtrend channel ..
Nike monthly Long but possible another correction Nike in logarithmic monthly chart . In daily chart possible continues correction until dynamic support line
Watch for swing trade - going up or back down to channel bottomThe red oval is from a previous post when I made a swing put trade. Now price is just sitting above channel. This will provide a good move either back to 110+ or below 100.
$NKE - the time has come$NKE is going to bust. It found a bottom, even if its temporary.
Entry around $101 would be nice but I dont know if we will see that.
Anything in the $105 area is also good. Hold for 10% on the swing and cash out.
