October 3, 2022

A NEW IDEA ON NIKE (NKE) – A FURTHER DIP WILL BE AN OPPORTUNITY FOR A TACTICAL TRADE

By Nigam Arora & Dr. Natasha Arora

Signal Limited is a Signal(s) with a great record in similar situations but does not meet all of the stringent criteria for a Signal.  Typically Signal Limited has higher risk-reward compared to a Signal over the short term. 

NKE Stock Cut By One Half

NKE has fallen from $179.10 to $83.12 at the close on Friday.  NKE is not a speculative stock but a blue chip stock.

Bloated Inventories

The latest drop came because the margins are lower and inventories are bloated.  The size of the inventory bloat is such that it will take time to clear it up.… Please click here or the title below to read more.

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