$NKE TOP 10 & TOP 20
Added 2025-04-27 18:54:11 +0000 UTCI want to remind everyone why I added $NKE at $55.
I am adding with the anticipation that $NKE can turn things around, in terms of sales, revenue, margins and growth.
I believe they have the arsenal to return back to former glory levels and the pull back since 2021 is Cycle Wave 2 and the Wave 3 target is the 1.618 Fib at $326 which would be close to a +600% return.
This may take 5 years to return but all we need to see is support held and the start of a new impulse wave and we can add and trim as the price moves higher over the next few years.
So a +600% gain could be +1000% gain if we play the primary waves successfully.
Something I am happy to do.
I am also considering adding again under $60.
Comments
Even after the correction, the multiples don't look cheap 30x FWD PW On my watchlist but...
DC
2025-04-28 16:16:52 +0000 UTCalready overweight here, hard not to continue going overweight the moment revenue, margins and growth return.
Daniel
2025-04-28 10:58:18 +0000 UTCOpium π
Magopool
2025-04-27 22:58:46 +0000 UTC
