NKECL trade ideas
Just Do ItNKE breaking north of $100 after long battle. We've been in some 98.5c's a few weeks out targeting a move to $105, with a stretch target of $110.
NIKE : Swing, 100% Price ActionNYSE:NKE : Follow the uptrend. #UniversTrader
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Break it HIGHNke is going to take off from its 52 week high and while you can't see the top, we'll just ride along with it. I long for this unless SPX blew up.
Trade with the trend. Don't fight the trend.
Protect your Portfolio all the time cos nothing is not guaranteed.
$NIKE Day trade
Sentiment and the market may be at long last ready for a rotation out of the top 7 stocks, nike is a stalwart retail stock in breakout mode.
Will be looking for a long today in a bullish retail space.
$NKELooking for $NKE to reach the 1.382 for Wave 3 then retrace into the low $100's to high $90's for Wave 4
$NKE Nike Breakout Trade Target
Potential entry above $110
Upside target $120 which may prove to be a psychological resistance.
NKE- Long set upNike has been in a strong trend. Just broke out of previous highs of Feb and may run higher. Nice set up. There is a trend line resistance coming up on higher time frames but if market breaks to new high. Nike which has been trending strong will go with it.Just an opinion. Please do your homework before trading or investing in any financial asset.
Another potential for Fib Extension I got this just entered just a few days ago. Hoping the Fib Extension also plays out well, approximately $133.85. Always watch $SPX closely while trading. But stops for guarding your portfolio.
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Nike - NKE• Busted descending triangle end of July
• Closed the gab from mid-June
• Reached a new top
• Will the stock be supported by the 100 MA which is crossing the 200 MA?
• What will be the new trigger to push the stock even higher?
• I would stay Neutral and take some profit
Ascending Triangle C&HAppears to be breaking out.
Break of upper trendline of triangle can cause that trendline to become possible support
Possible Targets 2 are 163.5 179
Not a recommendation
Good luck!
