Nike is in a severe downtrend; needs a major structural change or news to break out of the decline.
Bearish
“$QQQ Climbs Despite 5.24% Yields, Is the Tech Rebound Real? | PreMarket Playbook | October 9, 2026”
BenzingaPublished Oct 9 · 2 passages
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Nike post earnings I've been keeping an eye on. Not really anything going on there. For sure. Nike is going to have to have a great big piece of news that's going to bring it out of its um absolute freefall that it's in.
Um, and I I don't know what that might be. Maybe somebody comes out and buys them, but who would do that, right? It's just too much of whatever. But maybe they split off some of their divisions.
Maybe they sell Michael Jordan's brand or something. They got to do something because I mean, this looks absolutely terrible.
But for Nike, I mean, every single day I see them lose brand management and just just sell it.
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2026-10-09BearishThis one
Nike post earnings I've been keeping an eye on. Not really anything going on there.
2026-10-05Bearish
There's a lot of stuff happening when Nike earnings. Oh, let's check in on Nike. How'd that finish? Look at that. It's opening dead flat. That probably still has Couple shakeout moves left in it.
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