Nike shares have fallen with the rest of the market. The weekly cycle has been very accurate in the last year. All seven buy signals have been profitable as well as six of the seven sell signals. The cycle peaks on March 27th. The stock is due to run closer to $130.
Nike
Nike Daily Chart
All ten of Applied Materials
Applied Materials Weekly Cycle
AMAT Daily Chart
Source: https://www.forbes.com/sites/greatspeculations/2023/03/06/stocks-this-week-buy-nike-and-applied-materials/