Nike (NKE.US) stock rose over 4.5% on Thursday after JPMorgan said China-related headwinds could be easing up even amid new lockdown restrictions, paving the way for increased sales momentum. Analyst Matthew Boss maintained an Overweight rating and $164 price target and stated Nike management sees China as "on pace" to deliver "sequential improvement." Momentum was driven by consumer response to increased product supply and marketing, he added. Nike could also continue to expand gross margin as higher demand and lower supply has given the brand better pricing power, Boss wrote.

As acções da Nike (NKE.US) lançaram a sessão de hoje com uma diferença de preços em alta e estão actualmente a testar uma grande resistência a $134,50 que coincide com 38,2% de retracção Fibonacci da onda ascendente lançada em Março de 2020. Fonte: xStation5