The Long Investor

$NKE TOP 20 - WATCHLIST -

Added 2024-06-21 09:58:53 +0000 UTC

$NKE looks like it may be waking up.

Remember $NKE always reports at different dates to other large caps, so they have their earnings on the 27th of June, we may start seeing a run up to earnings here.

The other up and coming clothing companies in the US are already very bullish and it has been odd to see $NKE lagging here....but like $AAPL, it has been a leader for decades and I don't expect this to change anytime soon.....also the Olympics will be airing next month and this I believe is the best form of advertising for $NKE.

200 Day MA is at $103, this is the level the bulls need to flip, flipping this to support and there has been a significant trend change here and our Wave 3 target at $144 is on.

This is on Watch.