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· markers reflect the latest update
Summary
NKE (Nike) is a TLI TOP 20 pick. Touching 0.78 Fib - below this level NKE becomes "impossible to ignore from a risk vs reward perspective." Wedge getting very tight. Upper level aligns with 50 WMA at $54, 200 WMA at $83.
TLI Analysis
Sep 8, 2026 — email #103110 — Video Transcript: S&P 100 Removal & Local Bottom Thesis
- Removed from S&P 100 over the weekend — surprisingly green pre-market
- "If it manages to maintain green during the session it is a strong statement and might mark a local bottom"
- Sentiment is so negative that market makers see value at current prices
- Showing a monthly chart with a support box structure that NKE needs to hold
- If it doesn't hold that box, the downside continues — but removing from S&P 100 is significant
- Recommended watching the video for detailed monthly chart analysis
Prior Analysis (Sep 2026)
- Touching 0.78 Fib - below this level becomes impossible to ignore risk vs reward
- Wedge is getting very tight
- Upper level aligns perfectly with 50 WMA at $54 and 200 WMA at $83
- Compared to ACN which was also below its 200 MONTHLY MA and bounced hard
- Deeply oversold - potential major reversal setup
Sep 11, 2026 (email #103237) — TOP 20 — No Support Below $39
- No support in sight for NKE below $39 level
- Position has fallen out of favor — one of the most hated in the market
- S&P 100 removal is not a bullish look
- Tightening descending wedge could last another 6-9 months without fundamental change
- \"I have no urge to add to NKE\" while in strict downtrend
- Will revisit when things change or support is found
- Price check: 2026-09-11 — $36.97 (+0.91%) — Below $39, no support in sight, descending wedge continues
Position Context edited
- Conviction: star star star - TOP 20
- Key levels: 0.78 Fib support, $54 (50 WMA), $83 (200 WMA)
- Type: Athletic apparel / retail
2026-10-02 (afternoon) — email #104101 — NKE x LULU Q2'26 Infographics (Image-based) new
Subject: $NKE x $LULU - Q2'26 Infographics -
Type: Image-based Q2'26 infographics post covering both NKE and LULU. No extractable text.
Price check: 2026-10-02 afternoon — $33.49 (+2.86%). Combined NKE/LULU Q2'26 infographics post.
Price Check edited
|- 2026-09-15 — $36.38 Live price update.
|- 2026-09-11 — $36.62 Live price update.
|- 2026-09-09 — $37.24 (-2.26%) Continued weakness. S&P 100 removal + local bottom thesis.
|- 2026-09-14 (close) — $37.05 (+0.68%) — Still below $39 support. Descending wedge continues.
|- 2026-09-21 — $36.13 — Still below $39 support. Descending wedge continues. No change to thesis.
||- 2026-09-24 — $36.05 — Pre-market Sep 24 — $36.05 (Sep 23 close). Near flat. No support below $39. S&P 100 removal. Descending wedge 6-9 months.
Price check: 2026-09-29 — $35.75 (-1.76%).
2026-10-01 — email #104064 — Q1'27 Earnings Results (Image-based) new
Subject: $NKE - Q1'27 Earnings Results -
Type: Image-based Q1'27 earnings results post. No extractable text.
Price check: 2026-10-02 — $35.15 (-0.71%). Q1'27 earnings results received. Still below $39 support; descending wedge thesis intact.
| 2026-10-06 (afternoon) — $34.33 Live afternoon price update.
| 2026-10-07 (pre-market) — $34.61 Live pre-market price update.