NKE trade ideas
NKE more correction before longNYSE:NKE should find its way down to the 61.8% fibonacci line, breaking below pitchfork support, before making its way back up to my entry target of $85 (78.6% fib). After that it should have regained enough strength to give it the push to 90. Volume needs to come back before a breakout through 90 occurs.
NIKE 1D COLLAPSINGPotential Market Problem with Chinese Tariffs
Market Place - 5 Dow Stocks with High Chinese Exposure with 10% revenues in China
Apple, Boeing, 3M, Nike, Procter & Gamble
Market Realist - 2014 28% Nike shoes sold in China
34% Nike Apparel sold in China
GQ - 2017 19% Nike shoes sold in China
1D chart
Descending Triangle chart pattern
Weekly support levels shown
Triangle bottom and Weekly support level create a support zone
Watch for a candle close below this zone
Watch for a break-hook-go pattern on smaller time frame
Decreasing volume and rising price shows buyers weakening creates a bearish bias
Nike Divergence
Nike a potential divergence on the 4 hr chart. My entry would be base on the 1 Hr chart and overall price movement will be looking at the daily timeframe.
NKE for the long run The level of support rising indicates a potential bullish trend for NKE, my prediction is drawn on the green line. I suggest buying calls for the long run
NKE Double Top on Short-Term TrendDouble tops seldom decline steeply. The current price has not dropped through the top completion level. If it breaks through that support, the target downside run gain is around $78.
Nike Wait for head and shoulders !Comment if you have a better Idea , I'll appreciate it
Like if you agree...
NIKE 1D sell the breakdownNike's uptrend starting to run out of steam. Look for sells on the breakdown from this structure
NKE: Sort opportunityAn intraday high potential, Back Tested Sort Analysis.
We ll try to enter into the correction of the uptrend movement.
DETAILS ON THE CHART
NOTE: Entry range area above the entry point, is calculated upon 80% of the recorded pullback back tested past performances
DISCLAIMER: This is a technical analysis study, not an advice or recommendation to invest money on.
NKE kicking it to a new high despite crap earnings Market is totally ignoring fundamentals or earnings, it's all about computer algorithms and making the DOW complete its pattern. DOW components are pumped to ridiculous levels to get that triple top.
According to my chart, DOW should top out Wednesday. We'll see.
Fall... Just do it.Hard intraday reversal means we should be seeing an abc back to the .382 retrace and retest of the channel trendline here.
Woods BIG win to push $NKE Higher?Taking a shot on this swing to the upside with Tiger Woods getting a win. Hes the poster-boy for Nike Golf and he just caught himself a big win. For some reason I just see every "Middle Age'd Guy in America", waking up tomorrow morning and saying - "Hey you know what, that Nike looks like a good investment bois."
Will set limits as noted and update trade first thing tomorrow morning.
Just Dump It! :)Easy stop loss on the nke for a potential short play
seem to be a strong stock at the moment so be careful play small
$NKE What a weekend for TIGER and NIKENIKE could really not have planned it better, it looked like it was scripted, the redemption of TIGER WOODS while wearing everything with that Nike logo blasted across our TV screens. Golf and golf apparel has had a rough time in the last 10 years but TIGER is the man who can turn that around single handed. All if forgiven lets go long.
NIKE quick trade NIKE quick trade buy Market for first target on the resistance 88.13 if the price managed to break this level add extra amount for next target will be around 93 and stop loss will be around 81 for the first trade
