đ SPOT BUY SETUP: $NKE $NKE.US (Nike) đ
Regardless of being one of the most hated stocks on the internet, NIKE looks like it may have found a major support zone. đ
đ My Bullish Thesis:
Price is testing an important support level, and holding above $31.89 could open the door for a significant recovery.
đŻ Upside Targets:
* TP1: $45.00
* TP2: $55.00
* TP3: $70.00
* Extended Target: $110.00
đĄ Strategy: Spot accumulation with a long-term perspective. Watch how price reacts around support and look for confirmation before adding more.
â ïž Invalidation: A sustained breakdown below $31.89 would weaken the bullish setup. Manage risk and avoid going all-in at once.
The most hated stocks can sometimes offer the most interesting opportunities when sentiment turns. đ
Would you buy $NKE at these levels, or wait for confirmation? đ
#NKE #NIKE #StockMarket
Regardless of being one of the most hated stocks on the internet, NIKE looks like it may have found a major support zone. đ
đ My Bullish Thesis:
Price is testing an important support level, and holding above $31.89 could open the door for a significant recovery.
đŻ Upside Targets:
* TP1: $45.00
* TP2: $55.00
* TP3: $70.00
* Extended Target: $110.00
đĄ Strategy: Spot accumulation with a long-term perspective. Watch how price reacts around support and look for confirmation before adding more.
â ïž Invalidation: A sustained breakdown below $31.89 would weaken the bullish setup. Manage risk and avoid going all-in at once.
The most hated stocks can sometimes offer the most interesting opportunities when sentiment turns. đ
Would you buy $NKE at these levels, or wait for confirmation? đ
#NKE #NIKE #StockMarket