Search in ideas for "NIKE"
NIke outlook summer 2018 Buy trigger above 70.
risk stop 66
currently moving sideways can continue to move sideways before going up higher.
Nike - Just Do it.. Rejection at MA50,
Formed Pattern Cup & Handle,
Above Trendline
Risk Reward Ratio : 1:2
for low-risk trader please wait Key Resistance at $69.95 waiting for breakout.
NIKE (NKE)Breaking through historical resistance lines. Potential upside if breaks through 69.00. It is approaching this quite fast even with market choppiness and there has been some high recent volume.
Short NKENike has been sideways since mid 2016, forming a box in a 49 to 60 range. We are currently approaching the upper range resistance, with an overbought RSI at 77 which is starting to flatten out. Placing a stop just above the resistance near 61 and targeting the 0.618 Fibonacci Golden Ratio for profit. Risk/Reward ratio 3.64.
Nike longentry in purple, waiting to get in above purple entry and getting out at Ultimate, or first targets. .....
my risk in red if goes down getting out with limited risk.....
Nike on breakout watch boysMy favorite chart setup. Lets see if we can pull this trade out.
Will go long on confirmation.
Do not follow my trade without knowing your risk tolerance and strategy.
I am marking this as long. I will update the Idea if I enter position.
Nike on breakout out watchSeveral things to note. The chart says it all.
Needs further confirmation in my opinion.
Volume and price action above $54.23
Biased Long. Not long yet though.
Please comment with thoughts.
NIKE ...LONG TERM VIEW its for long term trader ....it seems pullback to broken level has ended and if weekly closed nicely i will enter to buy
$NKE break abv resistance 1st D but XRT & Cloth Index DwnNike 58.68 break above resistance 1st Day, but XRT Retail & Clothing Accessories Index Remain Bearish Outlook. I would wait for better Long entry point for NKE
Nike (NKE) short play off resistanceNKE is showing the following strong short entry signals:
- descending price channel (examine weekly chart to see this easier)
- Currently at top of descending price channel
- Showing strong resistance, a successive lower peak (not quite a true head and shoulders), and divergences.
This is a good short trade that could be played several ways.
- Swing play: Enter immediately. Set stop loss above resistance line ($56.85) and set price target below previous daily triple top at $53. This is approximately a 5-10 day trade estimate.
- Medium term play: Enter immediately or after confirmation. Same stop loss. set price target at actual lower resistance channel, plus some. Depending on variable time value this could be as low as $47-48. Continue extending channel to provide updated price estimate based on the slope over time.
NIKE Long Signal with SNR and Trendline NKE Long Signal based on SNR and Trend line. Good Risk/Reward Ratio.
NKE Long Due To ReboundMonthly indicators look beautiful for NKE, as well as the weekly ones.
Right now would be a great time to enter and expect a nice and steady growth throughout the channel I've made,
