Nike (NKE) – Just Do It… Bullish Edition 🏆
After running a marathon straight downhill, Nike finally tied its laces at $65.62 and said, “Enough!” That demand zone was like a comfy Air Max cushion — price bounced right off it.
We’ve got a completed 5-wave drop ✅, a nice reaction out of the vol gap ✅, and a clean path toward some serious upside targets.
Game Plan:
Step 1: Hold above $77.00 – this is our warm-up lap. 🏃♂️
Step 2: Sprint to $85.09 – mid-race checkpoint. 🏁
Step 3: Blast through to $107.47 – the “Strong Supply” finish line. 🏆
Bonus Round: If momentum is feeling spicy, $128.45 could be the victory parade. 🎉
Why the hype?
This is textbook “bottom’s in” energy — demand zone respected, bearish structure completed, and upside room that looks like an open basketball court. Bulls just need to keep possession.
TL;DR:
If Nike clears $85 with volume, the bulls could run all the way to triple-digit land. Just… don’t trip over those moving averages. 😉Good luck and follow for more!
After running a marathon straight downhill, Nike finally tied its laces at $65.62 and said, “Enough!” That demand zone was like a comfy Air Max cushion — price bounced right off it.
We’ve got a completed 5-wave drop ✅, a nice reaction out of the vol gap ✅, and a clean path toward some serious upside targets.
Game Plan:
Step 1: Hold above $77.00 – this is our warm-up lap. 🏃♂️
Step 2: Sprint to $85.09 – mid-race checkpoint. 🏁
Step 3: Blast through to $107.47 – the “Strong Supply” finish line. 🏆
Bonus Round: If momentum is feeling spicy, $128.45 could be the victory parade. 🎉
Why the hype?
This is textbook “bottom’s in” energy — demand zone respected, bearish structure completed, and upside room that looks like an open basketball court. Bulls just need to keep possession.
TL;DR:
If Nike clears $85 with volume, the bulls could run all the way to triple-digit land. Just… don’t trip over those moving averages. 😉Good luck and follow for more!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.