Timmmmber!Thoughts on Nike?
If it were any other stock, using the chart, I'd say up.
They might beat on revenue as it has been lowered so much, and I don't think an EPS beat will matter. They'll have to really guide up, and they might do that using the Olympics as a possible catalyst, but I wouldn't buy into that until it's actually a reality.
Tough call. It's in a lot of big portfolios. I don't trust it though. Options are showing about a 9% move.
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