@mster:$NKE 20240119 103.0 PUT$  In Nike's recent earnings report, although the company exceeded expectations in terms of earnings, it fell short on revenue and adjusted its outlook downward. This led to a significant market sell-off of over 10%. Having experienced a bearish trend since November 2021, Nike has managed to bounce back by 50% from its low point of $81. However, it has struggled to catch up with the broader market. From a technical perspective, there was a prolonged resistance trend line from its peak at $173 to a breakthrough at $108 at the end of November this year. The recent downturn appears to have found support at this resistance line, indicating a positive sign that Nike might be on the path to recovery. Based