$NKE hitting fresh lows 👀
Nike continues bleeding. Chart looks brutal — no support in sight. Retail sentiment turning bearish fast.
Macro headwinds + weak earnings guidance = more downside likely. Watch for capitulation wicks if you're hunting a bounce play, but trend is clearly broken.
Stay cautious.
Nike continues bleeding. Chart looks brutal — no support in sight. Retail sentiment turning bearish fast.
Macro headwinds + weak earnings guidance = more downside likely. Watch for capitulation wicks if you're hunting a bounce play, but trend is clearly broken.
Stay cautious.