Nike (NKE) Update
Nike (NKE) already reported its Q4 FY2026 earnings yesterday (Tuesday, June 30, 2026), after market close. Key Details from the Report:
- Earnings beat expectations.
- Revenue slightly beat estimates but showed ongoing challenges (especially in Greater China).
- Stock reacted negatively in after-hours trading due to cautious guidance but bounced today.
- I think circle-v will be an ending diagonal as shown
- That is, an a-b-c down will likely complete the pattern and provide a long opportunity
