Perfect head and shoulders and impending trendline breach.
NKE has formed a perfect head and shoulders and fell through the neckline on HEAVY volume. If support fails at this major trendline, I'm expecting a freefall.
I won't pretend to know much about Nike's business, but I doubt a 28 P/E is warranted. Heavy insider selling is also disconcerting. This stock has PLENTY of room to fall.
The market is crashing and this is a perfect short candidate.
I won't pretend to know much about Nike's business, but I doubt a 28 P/E is warranted. Heavy insider selling is also disconcerting. This stock has PLENTY of room to fall.
The market is crashing and this is a perfect short candidate.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.