Has Wall Street Forgotten About Nike?NIKE, Inc. Class BBATS:NKETurttle_TraderHello guys, Nike has been one of the weakest large-cap stocks over the past few years, losing more than 60% from its highs and trading near levels last seen over a decade ago. While the long-term trend remains bearish, I think the stock is approaching an interesting area from a risk/reward perspective. NKE is currently trading around major daily Fair Value Gap created back in October 2014 around the $40.40 zone. This area has already attracted buyers and could become a potential bottoming zone for a larger bounce into the end of 2026. What caught my attention is the recent improvement in momentum. RSI is starting to curve higher, the blue momentum wave has crossed back above the zero line, and money flow is beginning to turn up from depressed levels. Meanwhile, Week-to-Date, Month-to-Date and Quarter VWAP are clustered around current price, while the Daily 50 EMA continues to act as the main resistance level. If this ends up being the 2026 bottom, my next major target would be the daily Fair Value Gap from February 2026 around $63.71, representing roughly 46% upside from current levels. For now, I remain cautiously bullish while price continues to hold this support zone.