Jan. 5 at 12:07 AM
$NKE has been trending higher ever since some huge insider purchases were made 📈
-
$AAPL CEO Tim Cook, who serves as a director at Nike, bought 50,000 shares, increasing his stake by about 90% 👟
- Nike CEO Elliot Hill purchased an additional 16,400 shares. Board member Robert Holmes Swan bought 8,700 shares ⬆️
- It seems insiders are taking advantage of the down year for Nike.
- On the chart, it looks like price could fill the daily earnings gap from mid-December. Price just tested the 50 DMA and has rejected it so far but I will be watching for a break + hold for continuation up + the gap fill 👀