NKE looking interesting here sitting right on its 20-day EMA, falling wedge on the 4-hour and hourly timeframes along with what appears to be a big ascending triangle forming. Just some support and resistance levels to watch along with some RSI based supply and demand zones to keep an eye on in the meantime- Certainly a longer-term play, however, bullish and looking for a breakout from this flag
- Flagging on the Daily & 4-Hour Timeframes
- Sitting on its 20-day EMA
- Seemingly Going to Reclaim the 20-Day SMA (Not Pictured)
- Ascending Triangle Forming (Not Pictured)
- Falling Wedge on the Hourly Timeframe (See Attached Chart Below)
- Bollinger Bands Squeezing on the Hourly Timeframe (See Attached Chart Below)
PT1- $169.91
PT2- $170.98
PT3- $172.39
PT4- $173.18 +
-Hourly Timeframe-
https://www.tradingview.com/i/w9SZnvhL/
- Flagging on the Daily & 4-Hour Timeframes
- Sitting on its 20-day EMA
- Seemingly Going to Reclaim the 20-Day SMA (Not Pictured)
- Ascending Triangle Forming (Not Pictured)
- Falling Wedge on the Hourly Timeframe (See Attached Chart Below)
- Bollinger Bands Squeezing on the Hourly Timeframe (See Attached Chart Below)
PT1- $169.91
PT2- $170.98
PT3- $172.39
PT4- $173.18 +
-Hourly Timeframe-
https://www.tradingview.com/i/w9SZnvhL/
Nota
PT1, PT2, and PT3 Reached ✅Nota
PT4 Reached ✅
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.