Tag: Nike

  • Use Weakness as Opportunity with Nike Pullback

    Use Weakness as Opportunity with Nike Pullback

    Keep an eye on Nike (NKE). After pulling back from $174 to $145, the stock appears to have bottomed out, and could refill its bearish gap around $161, near-term.  Helping, Goldman Sachs just initiated a buy rating on the stock with a price target of $172. “The analyst sees a ‘healthy industry backdrop with a…