Nike is sitting at 38.43 and the chart continues to struggle under steady pressure. Ongoing sales downgrades and a slow turnaround timeline keep bounces muted, leaving the broader path tilted downward.
Levels in focus
• Target 1: 37.0
• Target 2: 36.0
• Stop 1: 39.5
• Invalidation: 40.5
A move down toward 37.0 and 36.0 aligns with the ongoing weakness across key regions. On the upside, 39.5 serves as an initial risk reference, but above 40.5 the setup is invalid. Sourced from CrowdWisdomTrading setups.
$NKE #Stocks
Educational research, not personal advice. You place the trade. Not a trading instruction. DYOR.
Levels in focus
• Target 1: 37.0
• Target 2: 36.0
• Stop 1: 39.5
• Invalidation: 40.5
A move down toward 37.0 and 36.0 aligns with the ongoing weakness across key regions. On the upside, 39.5 serves as an initial risk reference, but above 40.5 the setup is invalid. Sourced from CrowdWisdomTrading setups.
$NKE #Stocks
Educational research, not personal advice. You place the trade. Not a trading instruction. DYOR.