$NKE Is Down 80%, but Earnings Expectations Are Starting to Turn

🚨 $Nike(NKE)$ Is Down 80% From Its All-Time High. The Setup Is Getting Interesting.

$179.10 → $35.75

That’s an 80% drawdown — and a return to the former high would represent roughly +401% from current levels.

But the bigger story is what could change the setup from here.

📅 Oct. 1 | Earnings after the close

💰 EPS estimate: $0.44
vs. $0.20 last quarter
→ +120% sequentially

📈 Nike has also delivered 4 consecutive EPS beats, with surprises of:

+81.8%
+20.7%
+43.2%
+81.5%

📉 Meanwhile, monthly RSI is sitting near 27, pointing to deeply oversold conditions.

That creates an interesting combination:

Low expectations + improving EPS momentum + deeply oversold price + a near-term catalyst.

The key question now is whether earnings can finally give $NKE the fundamental catalyst needed to break out of its long-term downtrend.

👀 $NKE is firmly on my long watch heading into earnings.

Markets are always moving - and sometimes, the best move is knowing what works for you.

With Treasury yields, oil prices and rate expectations keeping markets on edge this week, investors are once again thinking carefully about where to position next. There’s no one-size-fits-all choice in investing — and the same goes for Tiger Merch. This month’s hot picks are in, featuring the Tiger Toiletry Bag, Universal Travel Adapter, Tiger Umbrella and more favourites chosen by fellow Tigers.

Explore the Monthly Hot Picks in Tiger Coin Mall, now 12% OFF for a limited time.

https://laohu8.com/J/redeemGift?goodID=100561&type=delivery