Lighthouse Canton sees ON Holding best placed as Nike, Deckers show early technical rebound signs

NIKE, Inc. Class B

NIKE, Inc. Class B

NKE

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  • Lighthouse Canton flagged a potential tactical rebound in sports apparel and footwear as price momentum turns positive for Nike, On Holding, Deckers.
  • Sector drawdown cited: Nike down 75% from peak, On Holding down 40%, Deckers down 50%, pressured by margin erosion from higher post-tariff costs.
  • On Holding seen best positioned; stock at $39.4 with a suggested stop-loss at $34.
  • Nike at $45.9, rebounding from $42; stop-loss at $41.5, add above $47 as reversal signals build.
  • Deckers at $114.2; resistance at $122-$125, add above that zone, stop-loss at $100.


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