$NKE - Early Signs of Positioning After a Heavy Sell Off ?NIKE, Inc. Class BBATS:NKEJP9X One of the names that’s been catching my attention lately is $NKE. After being one of the most beaten-down blue chips over the past few years, I’m starting to see what could be early signs of positioning. Nothing aggressive yet, but I did notice some unusual options activity going into the close recently, which usually isn’t random. Fundamentally, the issues are real, pressure on margins, weakness in China, and a slower-than-expected turnaround. But at the same time, this is still Nike… strong balance sheet, consistent dividend growth, and a brand that’s not going anywhere long term. What makes this more interesting is timing. With the 2026 World Cup coming up, Nike has historically benefited from these global events in a big way. Increased exposure, higher demand, and strong marketing cycles tend to translate into momentum before the event actually happens. From a price perspective, the stock is still heavily discounted from its highs, and sentiment has been negative for a while now, which is usually when things start to get interesting. Not saying this is the bottom, but it does feel like the type of environment where accumulation could begin. For now, I’m not rushing into anything. Just keeping it on watch, looking for more confirmation in volume and structure. If institutional flow continues to build here, this could turn into a very interesting long-term setup. If you’re tracking institutional flow and long-term setups like this, make sure to Follow, I’ll be sharing updates as this develops, for this and other Tickers ...