$NKE squeeze setup getting interesting π
β’ ~$38 support tested 5x and held
β’ Today swept liquidity below $38 and bounced back
β’ ~69M shares short / ~3 days to cover
β’ Short interest has climbed significantly
β’ S&P 100 removal / China / tariff fears largely known (worst news may already be priced in) + memes about how bad it is everywhere
$NKE squeeze setup getting interesting π
β’ ~$38 support tested 5x and held
β’ Today swept liquidity below $38 and bounced back
β’ ~69M shares short / ~3 days to cover
β’ Short interest has climbed significantly
β’ S&P 100 removal / China / tariff fears largely known (worst news may already be priced in) + memes about how bad it is everywhere