by winston » Sun Apr 26, 2026 7:51 am
With Nike Shares Near a 12-Year Low, Is Now the Time to Be Brave?
by Sam Quirke
Key Points
Nike has fallen 75% since 2021 and now trades at 2014 levels, with sentiment deeply negative after weak guidance and slowing growth.
The stock is extremely oversold with an RSI of 24, while analysts are calling for up to 130% upside from current levels.
Despite the collapse, valuation is not cheap, and the turnaround still needs to be proven, making this a high-risk, high-reward setup.
Source: Market Beat
It's all about "how much you made when you were right" & "how little you lost when you were wrong"