Where is NKE stock headed next?
$Nike(NKE.US$ released its latest financial report, with revenues falling short of expectations and announcing a plan to cut costs by $2 billion. It cautioned that revenue could be even weaker in the second half of the fiscal year 2024, leading to a sharp drop in its stock price in pre-market trading.
Where is NKE stock headed next? How to spot the potential support level in the near term?
![Where is NKE stock headed next?](https://ussnsimg.moomoo.com/feed_image/71220648/3ee4a4272ce837b98f58b184d5a4e2d5.png/bigmoo)
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sGpcGhost : 105 today?
MonkeyGee : becareful the need drop is not over yet