Week 14 of 52 NKE Liquidity taken… is a reversal coming?NIKE, Inc. Class BBATS:NKERobert_V12Nike just experienced a major sell-off, dropping over 15% in a single session and reaching multi-year lows. This move came despite beating earnings, as investors reacted negatively to weak forward guidance and declining sales expectations. The biggest concern right now: Expected 2–4% revenue decline next quarter Roughly 20% drop in China sales Ongoing pressure on margins and demand In short — the market is pricing in a slower-than-expected turnaround. Price remains in a clear bearish trend inside a descending channel. However, the recent move: Broke below the previous low, Took sell-side liquidity, And is now showing early signs of momentum exhaustion We’re also seeing a potential bullish divergence forming on the MACD. Key levels: -Market price -$40 -$34 Target: - 49 - 55 - 60+ The trend is still bearish… but after a move like this, where liquidity gets taken and sentiment turns extremely negative, the market often looks the other way. Not financial advice.