The Long Investor
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$NKE TOP 20
🕑 Added 2025-03-09 19:13:39 +0000 UTCRelatively speaking $NKE has been performing very well in 2025 and that is why it is one of our Top 10 positions and mainly brought on by having such a difficult 2 years leading up to this point.
Someone made a good point that $NKE is considered a Chinese play too and I think that is a fair comment considering their exposure.
This pull back looks nearly complete, so we are just looking for one more flush down to the 50 Day MA in between the 0.5 - 0.618 Fib level at $74 and then we would expect support.
A hold here and the reversal I believe is on next and finally a break out of this long wedge.
200 WMA PT is at $113.
Comments
Zachary Alpirn
I’ve been accumulating here. Good position for 2025 imo. Earnings coming up. New CEO looks promising
sahilpreet Singh
Are you planning to add ?
