
RICH REESE
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RICH REESE
@realRICHREESE
🗣Far From a Beginner, I'm a Winner 🏆 💪🏾Follow me I #FOLLOWBACK














The $NKE earnings are due on Thursday after the market closes, which conclude the earnings season as in every quarter According to @earnings_watch, the market is expecting a +/-7.5% move based on implied volatility In the attached short video of the overview of the last earnings you can see that historically we had a move of +/-6.2%. You are welcome to pause the video if you are interested in the information there If it goes down after earnings, a rare buying opportunity could arise from this legendary company at a price of around $80 As you can see in chart 1, there is an ascending trend line in this area that has been in place since 2013 and can provide support Furthermore, the log scale chart 2 shows that there is currently a rarely strong drawdown in the history of $NKE, which makes a return to new highs in the next few years seem quite possible Of course, these earnings could also be positive, as the European Football Championship is currently underway and could give the stock a boost


$NDX #NASDAQ #NQ #NQ_F #us100 #NDX $QQQ 18.579 is my target. if today's data is considered bad, a correction to the blue average and slightly below is natural.





















