Nike (NKE)

Episode Overview Ryan does a deep dive into swing trading scans and watchlists, the importance and differences of the two and his best practices as it pertains to each. 🎧 Listen Now: Available on: Apple Podcasts | Spotify | Amazon | YouTube Episode Highlights & Timestamps [0:07] IntroductionRyan opens the episode by explaining his approach to teaching swing trading in a complex

$NKE broke its rising trend-line but may be attempting to find some support here that goes back to June. $PFE declining channel with a retest on the upper band here. If that breaks it has a longer framed declining trend-line to also contend with. Solid continuation triangle setting up for $WSM this morning.

$BAC well formed triangle, could see a breakout of the pattern next week if the financial rally can continue. $SPOT ascending triangle in the short-term nearing a breakout. $BB second attempt to confirm the inverse head and shoulders. Going to be difficult to manage risk on this stock, but a really nice base formed over

$NKE attempting here to avoid confirming a double top pattern by trying to bounce off of price level support.

Watch how $NKE responds to a potential test of its rising trend-line in the coming days.    

Resistance to watch on $NKE ahead of their earnings this afternoon.    

Solid bounce for $COST off key support. A break below would be reason to ditch the trade.

$DWAC selling accelerating & wouldn’t be surprised if this stock hits $10 by year end.

$PXD managing to hold support with a decent bounce today.

$NRSN Will never understand how people ape into a stock that is already up almost 400% today alone.