Price Action Analysis on NIKE, Inc [ /b]
On the Daily Timeframe, NKE is moving above EMA90. NKE is breaking out of the bullish flag pattern, indicating a possible bullish bias ahead. The Stochastic made a bullish divergence, signifying a possible upside movement to the target area.
Fundamental Drives
- China sales rebounded further due to ending its zero covid policy.
- Improving earning report, potentially beating earning estimate again.
All other explanations are presented on the chart.
The roadmap will be invalid after reaching the target/support area.
Support the channel by smashing the rocket button and sharing your opinions in the comment below!
"Disclaimer: The outlook is only for educational purposes, not a recommendation to put a long or short position on the NKE"
On the Daily Timeframe, NKE is moving above EMA90. NKE is breaking out of the bullish flag pattern, indicating a possible bullish bias ahead. The Stochastic made a bullish divergence, signifying a possible upside movement to the target area.
Fundamental Drives
- China sales rebounded further due to ending its zero covid policy.
- Improving earning report, potentially beating earning estimate again.
All other explanations are presented on the chart.
The roadmap will be invalid after reaching the target/support area.
Support the channel by smashing the rocket button and sharing your opinions in the comment below!
"Disclaimer: The outlook is only for educational purposes, not a recommendation to put a long or short position on the NKE"
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Smashing the Rocket Button for more financial contents ahead :)
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関連の投稿
免責事項
これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。