$NKE

Nike has likely bottomed following record capitulation volume; position held long-term from entry at 33.

Bullish
“Brian Shannon on TraderTV 10/6/26”
Brian ShannonPublished Oct 6 · 1 passage

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Perfect. Let's, let's, let's talk about Nike for a moment, because that's what he was talking about. There are two of these. There is Nike and another one whose names I think you should be able to guess.

Let's start with Nike. Maybe I do n't even have to say a word. Nike turned out exactly where we wanted it after our discussion. I think it was last week or two weeks ago, and that was the anchor point.

From what low point was it? I suspect that it was here from this low point . And we talked about it, and what we were looking for, if you remember, was a large volume that would indicate capitulation.

And this is the largest volume this stock has seen in more than 25 years. You go back to, you know, looking at this. Here is , you know, 1999. That is the largest volume. That is capitulation.

I placed a bid and it was executed at 33, and I have held it for the long term. So I think that we , you know, have seen the bottom of Nike .

What this channel has said about $NKE

Brian Shannon has 2 calls on this stock; only the adjacent ones are shown.

2026-10-06BullishThis one
Perfect. Let's, let's, let's talk about Nike for a moment, because that's what he was talking about. There are two of these. There is Nike and another one whose names I think you should be able to guess. Let's start with Nike. Maybe I do n't even have to say a word. Nike turned out exactly where we wanted it after our discussion. I think it was last week or two weeks ago, and that was the anchor point. From what low point was it? I suspect that it was here from this low point . And we talked about it, and what we were looking for, if you remember, was a large volume that would indicate capitulation. And this is the largest volume this stock has seen in more than 25 years. You go back to, you know, looking at this. Here is , you know, 1999. That is the largest volume. That is capitulation. I placed a bid and it was executed at 33, and I have held it for the long term. So I think that we , you know, have seen the bottom of Nike .
Direction flip
2026-09-22Bearish
Now it's Nike. Last weekend or two weeks ago I was at my neighbor's 10- year-old kid's birthday party and this was the talk, people were just asking when Nike was going to turn around ? So, what is your opinion when looking at a structure like this? Because clearly the trend is very good and there is no reason for short sellers to be afraid. What would be a credible trend change or some kind of bottom for you ? Every time it has tried to break the 50- period barrier , it has failed miserably. We are so far from the 200- period moving average that all my hair will fall out by the time we get there. So, what would you say to those who are looking for bottom? Or would you do anything at all with this stock?
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