Mar. 14 at 8:02 PM
$NKE 💟
zoom out to the monthly
the 10-year ascending trendline from the 2015
$32 base
is being tested RIGHT NOW at
$51–
$54
flow Friday:
❌
$150.9K Apr
$55P (post-earnings bet)
❌
$41.7K Apr
$52.5P
✅
$177K Jul
$55C (the conviction trade)
✅
$83.4K Apr
$52.5C ITM dip buy
Apr puts = earnings will disappoint (Apr 2)
Jul calls = 10-year trendline holds, NKE bounces by summer
52w low:
$51
weekly RSI at multi-year extreme
China -17% · tariffs
$1.5B annual headwind
BUT: North America +9% · Win Now strategy early progress
World Cup June 2026 — Nike sponsors 5 of FIFA's top 10 teams
avg analyst PT:
$76.83
$51–
$54 is the line. it either holds or it doesn't.
#NKE #Nike #hovdid
