NKE Technicals Stumbles Ahead of Earnings, Options Show Split Picture
Schwab Network · Schwab Network
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Show Notes
Nike (NKE) reports earnings on Tuesday next week, and as Rick Ducat points out, the stock faces critical levels on the chart ahead of earnings. Rick notes supreme underperformance on a five-year basis compared to similar companies and tests a "precarious situation" one its one-year chart. However, the options front shows a slight uptick in bullish action against a notable put wall.
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