nke

Nike (NKE) edged up 0.3% to $41.59 in premarket trading ahead of quarterly results due after the bell.

The stock is trading near 11-year lows, according to Yahoo Finance data.

BofA Securities analyst Lorraine Hutchinson maintained a Neutral rating on Nike with a $55 price target in a note to clients.

The firm expects Nike to report fourth-quarter earnings of 11 cents per share, in line with consensus, on revenue that is expected to fall 3%, within the company’s prior guidance range of a 2% to 4% decline.

BofA also noted results are expected to include a one-time benefit from tariff refunds not included in Nike’s earlier outlook.#NIKE #NKE

$NKE #NKE short-term trading strategy:

Currently, the 1-hour chart is still in a pullback, so hold your horses.
If the rebound doesn't reclaim the 44.0125 area, it's still a weak bounce, and we should eye 42.32 below.

For mid-term positions, watch the rhythm; for short-term, focus only on key levels.
Don't go all-in just because of a 1-hour fluctuation.

In short-term positioning, it's all about execution, not daydreaming.
Lock in profits when you have them, and if you're wrong, exit.

🚀 GM Stonk Fam!

I went safe with $MCD, but it’s pulling a full $NKE on me 😅 — slow moves, but steady vibes.

Shoutout to $AMD and $GOOGL for carrying the portfolio like absolute champs 💪🔥.

Feeling blessed and bullish. 🤑📈

#Stonks #StockMarket #Gains #TechPower #PortfolioFlex #MCD #NKE #AMD #GOOGL

Nike went from 180$ to 40$
Good opportunity to buy the dip or no?
#nke #stock $NKN