NIKE shares have hit yet another bottom. In fact, everyone is bearish on this stock, but I think the company will see strong growth over the long term, potentially within the next five years! Of course, that investment horizon won’t suit everyone. NIKE shares can be considered consumer goods, and during risk-on periods like the current one, demand for this sector tends to fall. The company has made a lot of marketing mistakes, but recently it brought former employees of premium brands onto the team. So we’ll probably see some luxury touches in its new sneaker and hoodie collections. The biggest question is: when should you buy? To avoid sitting on a position at a loss, wait for demand to return on the chart. It’s not there yet; a good sign would be the price climbing back above $40. For now, though, momentum is stronger in crypto, so I’m paying more attention to it and trading there. #NKE