NKE Stock Trading Plan 2025-06-21

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NKE Stock Trading Plan (2025-06-21)

Final Trading Decision

Comprehensive Summary of Each Model's Key Points

DS Report

Technical Analysis: Price is below key EMAs across M30, Daily, and Weekly charts, indicating a dominant bearish trend. Bullish short-term signals noted in M30 (bullish MACD crossover, neutral-to-recovering RSI). Market Sentiment: Mixed news sentiment; headlines support potential bullishness but high volume on down days indicates institutional distribution. Overall Direction: Moderately bullish based on short-term signals catalyzed by upcoming earnings. Trade Recommendation: Long position at $59.85 with a target of $64.80, stop-loss at $58.80.

LM Report

Technical Analysis: Mixed signals with bearish overall sentiment. Price below daily EMAs indicates weakness while M30 shows possible recovery. Market Sentiment: VIX suggests caution due to elevated volatility. Positive headlines regarding earnings could foster temporary bullishness. Overall Direction: Moderately bearish since the downtrend prevails despite short-term positive signs. Trade Recommendation: Short NKE at $59.90 with a target of $57.60 and a stop-loss at $61.20.