NKE long / based on NKE earning reportNKE earning report + continuation NKE earning report - Change to bear trend Longby UnknownUnicorn20648113
NKE - DAILY CHARTHi, today we are going to talk about Nike and its current landscape. Nike is poised to receive increasing attention from the market as relevant events are taking place. The company reports its earnings on Thursday after the market had closed. With a strong year, this report could be a Nike event to continue its momentum, also after the company has stopped selling its products on Amazon, Nike has been able to thrive as a direct to consumer brand, which can help the company improve its performance for further quarters next year. Thank you for reading and leave your comments if you like. To have access to our exclusive contents, join the Traders Heaven today! Link Below. Disclaimer: All content of Golden Dragon has only educational and informational purposes, and never should be used or take it as financial advice. by Igor-Silva20
History is a guide, NKE needs to dropFrom Nike's history we see that almost all gaps get filled on this stock. Three randomly chosen shaded horizontal rectangles represent three gaps (there are many more) that all got filled eventually. Recently price action has been "sloppy" with wide gaps being made which will surely be filled sooner or later, there is also one at 84.83 which I have labeled which never got filled. Further we see that a recent Cup and Handle that has formed has almost reached it's target price in the low 98s and I will probably be shorting there unless there is strong volume supporting any move higher. Last but not least from the angled trend lines we see relatively string divergence indicating that institutional investors are more likely than not disposing of the stock. Earnings on Dec. 19th will be interesting. Please leave any comments or ask questions.Shortby TNasr8
NIKE, Inc. (NKE) - Trade Idea for Thu, Dec 5, 2019NIKE, Inc. (NKE) is consolidating in a rectangle pattern over the last 4 weeks with resistance in the 94.8 area. Break of that resistance if potential long swing trade entry level with targets at 96 and 97.5.Longby TraderhrTrading3
NKESystem T Performances: Annual Compound Profit 40%, Win Rate 55%, Risk/Reward Ratio 1:2, 20 Years of Backtesting Data, Over 100 Markets. * Click Like and Follow to Support My Work! --- Hi Traders, I'd like to introduce the System T, a computerized trading system that analyzed and backtested the 20 years history data of over 100 markets. This post is my sharing of how I think about systematic trading and the signals generated by the System T. (This is my opinion only, NOT the financial advice.) I think that for the system to open a trade and manage risk, it only needs a buy signal & a stop-loss signal clearly on the chart. Once the system finds a good trend, it will ride it as long as possible. The stop-loss will be adjusted accordingly to the new price movement. (Remember to follow this trade idea and follow my profile to get updates about the stop-loss adjustment and sell signal based on the latest price and market conditions daily.) System T performances above will give you an idea of how it performs in the last 20 years. Notice that this result was achieved only if I strictly followed the rule: "Only and Always Buy & Sell based on the System Signals". Don't sell when there is no sell signal as we all want to follow the good trends til the end like everything in life does. \(^-^)/ Also, my system is extremely diversified through over 100 markets so that it only risks less than -1% of the total capital per trade. Thank you and good luck! --- DISCLAIMER: I am NOT a financial advisor, and nothing I say is meant to be a recommendation to buy or sell any financial instrument. My views are general in nature and I am not giving financial advice. You should not take my opinion as financial advice. This is my opinion only. Do your own due diligence, and take 100% responsibility for your financial decisions. Trading and investing are risky! Don't invest money you can't afford to lose, because many traders and investors lose money. There are no guarantees or certainties in trading. - Content is for education purposes only, not investment advice. - Trading involves a high degree of risk. - We’re not investment or trading advisers. - Nothing we say is a recommendation to buy or sell anything. - There are no guarantees or certainties in trading. - Many traders lose money. Don’t trade with money you can’t afford to lose. Longby System_TUpdated 5
NKE market top indicatorI think the market tops out when NKE hits ATH. It's a DOW component. The alternative scenario is that it formed a H&S pattern and is headed for a gap fill. I'm inclined to believe the bull scenario, and short it when it hits ATH. No position yet, just looking for opportunities.by hungry_hippoUpdated 114
Nike cup and handleTextbook cup and handle on hourly chart, a lot to benefit from China news. Look for a move up to gap fill 95.60 by Option_Traders1
NKE looking good againNKE got beat by the .618 fib but has now found support on convergence of MA's Target $96 is today closes strongLongby WBG203
$NKE Amazon drops and Nike rises. Entry level $94.75 = Target price $102 = Stop loss $94.75 Looks like investors like the move by NIKE to break up the retail partnership with AMZN, they will continue the cloud partnership. NIKE direct to customer will improve margins considerably. P/E ratio 35 (high) Company Profile NIKE, Inc. engages in the design, development, marketing, and sale of athletic footwear, apparel, accessories, equipment, and services. It operates through the following segments: North America; Europe, Middle East & Africa; Greater China; Asia Pacific & Latin America; Global Brand Divisions; Converse; and Corporate. The North America; Europe, Middle East & Africa; Greater China; and Asia Pacific & Latin America segments refers to the design, development, marketing, and selling of athletic footwear, apparel, and equipment. The Global Brand Divisions represents NIKE Brand licensing businesses. The Converse segment designs, markets, licenses, and sells casual sneakers, apparel, and accessories. The Corporate segment consists of unallocated general and administrative expenses. The company was founded by William Jay Bowerman and Philip H. Knight in 1964 and is headquartered in Beaverton, OR.Longby Bullishcharts27
NYSE: NIKE Weekly Trade idea- Trend is up - Price came back to test the breakout area and consolidation zone - SL below the - MANAGE YOUR RISK - Disclaimer: All ideas are my opinion and should not be taken as financial advice.Longby Trader-Dan4
NIKE Idea NIKE is approaching to the resistance level or we could see it as a pullback. Let's see what will happen when it reaches there. Longby AnarUnUpdated 3
looks like NKE (nike) ready for a run upPut your sneakers on, Nike ready to start runningLongby mattisbaseball8
Buy Nike in pullbackAfter testing the last resistence ( now support ) in 90 USD, NIKE is getting bullish again towards all time highs in 96,30. Nearly 6% upside as shown in hourly chart.Longby mirleftdream7
Nike showing weakness - SHORTNike's separation from Amazon might be the catalyst needed to follow through on its weakness.Shortby HighnLows6
NKE Waiting to go swing long if reaction to ISM is positveDouble bottom in green zone. Stop below swing low. Longby WadeYendallUpdated 9