Nike

$NKE - I don't think it will stay below $70 for too long

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NKE is trading at its 2018 crash low, just $5 away from its 2020 COVID low. 👀

The company said that after the current quarter, things will improve.

China was down 17%, but China is going to implement stimulus measures to boost consumption.

It’s not hard to imagine China’s consumption rebound helping Nike.

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