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artemfedorov
NKE

Price reacted as expected from the mid-term resistance zone outlined in early July, pulling back toward the initial macro support targets at 74–68.

Given the structure of the decline, I consider the move from the July highs to be only the first leg of a broader correction, with potential for a bounce followed by another leg lower, deeper into the macro support zone.

Chart: tradingview.com/x/X5BEwnn5/

On mid-term resistance (Jul 29): tradingview.com/symbols/NYSE-NKE/minds/?mind=rNgtqMseRIOGy6JzaX7fnQ

On mid-term support (Jul 13): tradingview.com/symbols/NYSE-NKE/minds/?mind=cbDRKFMOT3Op6kXWVbXAig

On bullish potential (Jul 1): tradingview.com/symbols/NYSE-NKE/minds/?mind=vX_ApXcUSmuqYT3-464aqQ

On macro-bottoming potential in Apr:
Idea: NKE: Macro structure [Monthly …
Snapshot
xhamburgerjungx
NKE What is happening with this stock? Why is it falling again? Since Tue already 5.66% minus..
artemfedorov
NKE is following the trend structure first outlined on Jul 1 and in the macro idea from Apr 4

📌 Macro structure (Monthly)
Idea: NKE: Macro structure [Monthly …

Currently, on the daily chart, price is trading inside the mid-term resistance zone, with an ideal extension target near 83.
As long as price stays below 83, I’m expecting a mid-term top to form and a pullback into the 70–72 support zone.

📉 Chart: tradingview.com/x/3AxpZQrs/

📌 Previous update: tradingview.com/symbols/NYSE-NKE/minds/?mind=cbDRKFMOT3Op6kXWVbXAig
Snapshot
Tamerk99
NKE is this breaking out of the down trend or are my lines off lol
NKE Bullish or Bearish? are we going to reach 90 before the end of august?
Hrid-23
NKE Pump up to 100 by EOY and it will be great stock to short. 0.01 above estimate which was already lowered and this stock is up 25% !! Vietnam tariff is still 20% Looks like customers are going to keep this stock longer than their shoes.