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NIKE
Mar 11, 2015 13:06:25 GMT -5
Herceg likes this
Post by huh on Mar 11, 2015 13:06:25 GMT -5
I'm still skeptical whether this bull flag plays out, but until it fails, have to assume it will. If you've been looking for an entry in NKE, ~94.50 would be it. Minimum upside target would be ~107, but perhaps as high as 113+. Stop right under the buy.  |
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NIKE
Mar 12, 2015 7:16:42 GMT -5
Herceg likes this
Post by huh on Mar 12, 2015 7:16:42 GMT -5
Hard to get an exact back test target on this one because FSCharts acts goofy when using any of the hourly charts (vs. 30min or less, or daily+), but the backtest should occur around ~94.28-94.55. I'd use 94.30 since that lines up with a FIB as well. Then tight stop, no lower than slightly under 94.00.
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Post by huh on Jun 24, 2015 17:50:17 GMT -5
I hadn't checked this one in a while. It did hit the minimum target of 107, and ONLY took 3 months. Reports earnings after the bell tomorrow.
This market's sleep walking this year.
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Post by huh on Jun 25, 2015 9:21:23 GMT -5
103.85-105.10 is the buy area if thinking NKE will pop on earnings. I don't know if it will, but there is still the possibility of 109.50 (2 targets) & 112.50-113 (2 targets)
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NIKE
Jun 26, 2015 11:24:51 GMT -5
Herceg likes this
Post by huh on Jun 26, 2015 11:24:51 GMT -5
108.80 should act as support if holding out for 113+
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Post by huh on Jul 14, 2015 9:10:05 GMT -5
NKE finally hit that 113 target. That was an 18%+ gain if followed (and only took 4 months to get there!)
This trade is now complete
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