Analysis Overview Focus: Primarily on fundamental analysis. Current Price Context: Last time NYSE:NKE was at these price levels was in March 2020. The stock has been significantly beaten down. This year's growth estimate is gloomy (-14%). Investment Rationale Despite the recent challenges, Nike remains a solid company and is the world's most...
Based on the hour chart, I see an ascending support line for the next couple of hours.
I couldn't pull al the funds I wanted to, in time so I could buy more... I see a lot of sideways movement in the next couple of hours, the market is trying to figure out what's next...
Price makes a higher high and MACD a lower low; Is it a possible bearish signal? I believe so... We will see...