$Nike(NKE.US)$ Many brands comes and go . ON and HOKKA are the same. With their pricy sneakers consumers will not buy more. These new shoes trend never last. Nike brand recognition does. It has been around for 52 years that is not a small feat. The last earnings report isn’t really that bad. As the world biggest sports brand with stores over 170 countries, pretty sure the stock now is a huge bargain.
Took a position and plan to trade the imbalances bullishly as$Nike(NKE.US)$held support area the past 5 days after plunging to what looks like the making of the last leg of the harmonic pattern, MacD confirmation via histogram air space between it and the signal line on the daily chart. Further confluence can be found on the 4HR chart, offering a clearer entry after viewing CSP & not falling below overall trend line & the consolidation price range area low of 71.23 on Trading...
Many brands comes and go . ON and HOKKA are the same. With their pricy sneakers consumers will not buy more. These new shoes trend never last. Nike brand recognition does. It has been around for 52 years that is not a small feat. The last earnings report isn’t really that bad. As the world biggest sports brand with stores over 170 countries, pretty sure the stock now is a huge bargain.
$Hermes International SA(HESAY.US)$ $LVMH Moet Hennessy Louis Vuitton(LVMUY.US)$ $Nike(NKE.US)$
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