NKE trade ideas
Let's go to close the gap, NIKE JUST DO IT!Try short NIke
Deal
Short: $98,60
Stop: $102,40
Take: $87,10
Risk|Profit: 1|3
JUST DO IT!
Nike - Still Open PositionChecking back in with Nike since our last analysis. If you check out our last Nike Post, the target hit our buy zone and we entered the position in the green rectangle on our charts. We're currently up around 5% on this one for a nice scalp trade if we wish to exit. Our initial target is still around $104-$105 mark. We're keeping a tight stop loss on this one in the profit already. Waiting to see if we dip back to our accumulation zone or take some profits.
Follow us and feel free to give us a like for more posts. Cheers!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor. I am an amateur investor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on here, expressed or implied herein, are committed at your own risk, financial or otherwise.
NKENike broke out of the wedge it was in and I'm looking for it to form a new channel where I can buy lower-highs and sell at higher-highs. Until then, patience.
NIKE CHARTHey people, NIKE is in a fake bearish configuration on its shadow, we can see a decline in sellers but on the TIMEFRAME 15 minutes and volume of purchase substantial but despite its it gives a sign of purchase. Great potential to keep the continuation support before it arrives to break the fibonnaci, but it will have little force.
Objective on the second precedent above, see even on the third if the buyers have agreed on the purchase price.
Please LIKE & FOLLOW, thank you!
NIKE Looking for this bullish continuation to the topHi everyone:
NIKE has very good price action developped that can see price gets push to the all time high area.
From the higher time frame, we see the price action had a strong bullish impulse from the downside, recovered from the Covid drop.
Now we see price has broken out of higher time frame continuation structure from the previous move up.
As always, I will wait a confirmed correction to develop here, and take the next buy move up.
Thank you
Nike - NKENike – NKE
• The stock just left the descending triangle
• Now it will be important to close the gap from mid-June
• If the gap is closed, a further upside to the all-time high and above can be expected
NKE coming off inside week looks ready for a breakoutNKE put in an inside week, has defined support and has been coiling since June. I like this tight risk setup for a support play through 98-98.50 level.
NIKE on a potential breakoutNot a clear cut trade, but good potential and reasonable R:R.
Trade with cushion
NKE FlagNKE is forming a flagging formation and has been in consolidation for the past couple months. Looking for this to breakout soon up to the $104 range.
Nike - NKE• Missed to create a new high in July
• Descending triangle with a support 94.41/95.04 (gap from end of May) and a resistance at 98.28
• 76.4% Fibonacci Retracement strengths the support at 94.40
• If the stock breaks through the support, next support will be at 87.01/89.66 (gap from mid-May) and the 61.8% Fibonacci Retracement at 87.80
• In my point of view a breakthrough is expectable.
Symmetry Triangle might become Descending TriangleIf Symmetry Triangle fail, it might become Descending Triangle. Watch out. Not sure if I want to take any position yet?
NKEDigital numbers have continued to increase even with stores having reopened, with triple-digit percentage increases in May.
The company continues to see skyrocketing revenue each quarter, and it's finally is beginning to turn a profit.
Updating my existing $NKE shortSeems like a symmetrical triangle formed and within it i spot an inverse head and shoulders. Great for a call credit spread at 100$ if you can get a good premium. The ceiling is solid!
Time to leave! I'LL BE BACKMONTHLY rsi and price movement for nike. No matter how much money is printed in the us my favorite sports brand will have a rough time for the upcoming years since most of the money went to the stock market and the majority of people are going to see their income decreasing for the next years. However after we've go through this nike is going to shine since it's investing huge amount of money in it's online business model.
