$NKE

Speaker holds NKE shares; believes the current price level is a durable bottom.

Bullish
“Stock Market & Crypto Analysis for Week Ending 10/9/26”
Brian ShannonPublished Oct 9 · 4 passages
15:40/ —Open the source video

Jump to any passage

4 passages

I also wanted to talk about the company " Nike". As you know, guys, I'm not trying to predict the bottoms. But I did that with this stock , and I'm keeping my shares in "Nike".

When I said I bought this stock at 33, you wouldn't believe how many people said they would never buy this stock . It's the worst ever. Have you ever read the news? Bad news always appears at the bottoms.

Trading volumes and volatility peak at turning points. This is likely to be a bottom that will hold for a very long time.

This does not mean that I will keep it for a long time. That's my goal, but we'll see if I can keep it for as long as I want. We now have a minor test coming next week at the 20-day moving average, which is trending downwards.

I don't think this is likely, but I will wait because the possibility exists. If instead there is a little consolidation, perhaps a test of the pivot point from this bottom, perhaps even a slight sell-off below it followed by an upward move .

Who knows, maybe I'll add to my financial position,

but this isn't your typical Google deal . It is certainly a different kind of deal, mainly because it is a well-known company , and its stock has fallen by 80%, trading at its highest volume in more than 25 years.

What this channel has said about $NKE

Brian Shannon has 3 calls on this stock; only the adjacent ones are shown.

2026-10-09BullishThis one
I also wanted to talk about the company " Nike". As you know, guys, I'm not trying to predict the bottoms. But I did that with this stock , and I'm keeping my shares in "Nike".
2026-10-06Bullish
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 .
Quote at 04:09 ›
Direction flip
See full history ›
Which window this belongs to for $NKESee the full record for NKE
TickerSays
TickerSays