NKE Stock Trading Plan 2025-06-23
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NKE Stock Trading Plan (2025-06-23)
Final Trading Decision
NKE Trading Analysis Summary
1. Model Key Points Summary
DS Report Key Points:
Price Position: NKE is trading at $60.78, below all key moving averages, indicating resistance levels above. RSI Indicators: Mixed readings; M30 RSI suggest short-term neutral momentum, while daily RSI is approaching oversold. Market Sentiment: Mixed news impacts with institutional accumulation at critical support ($59.10). Directional Bias: Moderately bullish in the short-term but structurally bearish in the long term. Trade Strategy: Long position recommended at $60.50 with a target of $62.70.
LM Report Key Points:
Price Position: Price below 200-EMA reflects bearish trends; chance for bounce indicated by proximity to lower Bollinger Band. Market Sentiment: Mixed news with elevated VIX, suggesting caution. Directional Bias: Moderately bearish; trade should be approached with caution. Trade Strategy: Short entry recommended at $59.50.