NKE So hegde fund saving Nike’s fall! Algo pumped share price to 85 yesterday then fell down to 71 and again up to 76. Iron condors won this earning call. I am hoping it will go back to 72 next week.
NKE after June 2024 earnings, the stock went down -20% intraday. it would be insane if it happened again... unless analysts start downgrading the stock
NKE is perplexing, the company and brand is massive, the weekly chart is touching a major fib with some MACD divergence, hinting it may be a good technical buy....but the inside selling in last six are a concern