Check Out What Whales Are Doing With NKE
Portfolio Pulse from Benzinga Insights
A whale investor has taken a bullish stance on Nike (NYSE:NKE), with 69% of investors opening trades with bullish expectations and 30% with bearish. The whale has been targeting a price range from $85.0 to $105.0 for Nike over the last 3 months. The price of NKE is currently down -0.69% at $94.85, and RSI indicators suggest the stock may be approaching oversold. Nike's next earnings are expected to be released in 9 days.
September 19, 2023 | 6:46 pm
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A whale investor has taken a bullish stance on Nike, with the majority of investors opening trades with bullish expectations. The current price is down, and the stock may be approaching oversold.
The bullish stance taken by a whale investor, along with the majority of investors, indicates a positive sentiment towards Nike. However, the current price drop and potential oversold status could lead to volatility in the short term.
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