Nike weekly chart NIKE, Inc. Class BBATS:NKEtravelerahmedadlyI'm very bullish on Nike stock. In my view, the stock is currently in an accumulation phase, with price action creating the illusion of further downside. My strategy is simple: hold your position. I believe the $80–$90 target is still ahead, provided there are no major fundamental changes to the company or the broader market. .... Good luck 4all