Sep. 17 at 11:16 PM
$NKE | Technical & Options Flow Overview 📊
• Market Structure: 8H chart shows price compressing into descending wedge support around
$35.80. Volume profile indicates thin overhead resistance once trendline resistance at
$38.20 is reclaimed.
• Tactical Outlook: Pushing through
$37.20 opens an initial rotation toward
$38.20, with extended targets sitting at
$42.50 and
$45.00. A breakdown below
$35.30 invalidates the bottoming structure.
Key Levels for Bulls & Bears:
• Bull Reclaim Trigger:
$37.20 /
$38.20
• Bullish Macro Targets:
$42.50 /
$45.00
• Key Support Pivot:
$35.80
• Bearish Invalidation Level:
$35.30 /
$33.75
Options Flow Implied Targets:
• High-conviction LEAPS sweeps loading 2028
$45 &
$52.5 Calls.
• Steady institutional buying in Nov 2026
$35 Calls at the Ask.
#NKE #optionsflow #stocktrading #technicalanalysis #hovdid
