NKE has been getting hammered badly recently and all of this can build up into cap down capitulations to the 76.
I like buying things cheap. Especially at 76 fibs and I love things crashing into 76 fibs.
Taking a NKE position build up of shorting put spreads and buying calls. Betting the low is in and we retrace at least 40% of the drop - possibly get to the high.
I like buying things cheap. Especially at 76 fibs and I love things crashing into 76 fibs.
Taking a NKE position build up of shorting put spreads and buying calls. Betting the low is in and we retrace at least 40% of the drop - possibly get to the high.
We may be inside of a crash event to 3000 in SPX.
Read the full case with backlog of historic analysis/forecasts here: holeyprofitnewsletter.substack.com/p/the-case-for-3000-in-spx
Read the full case with backlog of historic analysis/forecasts here: holeyprofitnewsletter.substack.com/p/the-case-for-3000-in-spx
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.
We may be inside of a crash event to 3000 in SPX.
Read the full case with backlog of historic analysis/forecasts here: holeyprofitnewsletter.substack.com/p/the-case-for-3000-in-spx
Read the full case with backlog of historic analysis/forecasts here: holeyprofitnewsletter.substack.com/p/the-case-for-3000-in-spx
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.