Tag: Nike

  • Crisis May be An Opportunity in Shares of Nike

    Crisis May be An Opportunity in Shares of Nike

    Keep an eye on Nike (NKE). Over the last few days, NKE gapped from $122.50 to $108.02 and appears to have caught strong support dating back to late November. Also, if you pull up a one-year chart, you can see NKE is now over-extended at its lower Bollinger Band (2,20), on RSI, Full Stochastics, and…

  • Here’s Why Shares of Nike are on the Run

    Here’s Why Shares of Nike are on the Run

    Nike is on the run… Just days ago, we noted that Nike could see further upside after posting solid earnings.  All after the company posted EPS of 87 cents, as compared to expectations for 71 cents.  Revenue came in at $10.87 billion, as compared to $10.59 billion estimates. Today, the stock is up another $6.41…

  • Nike Trading High on Solid Q3 2022 Earnings Beat

    Nike Trading High on Solid Q3 2022 Earnings Beat

    Nike (NKE) could see further upside. This morning, the stock was up $6.61 to $136.80 on solid earnings. For its third quarter, the company saw EPS of 87 cents, as compared to expectations for 71 cents.  Revenue came in at $10.87 billion, as compared to $10.59 billion estimates. NIKE Direct sales were $4.6 billion, up…