Further to my previous call on NAKD we have continued to hold support. I suggested that this is a good level to add to your long position for NAKD. With a continuation up we should move to the origin of the move that brought NAKD to these low levels. I must also add that news is incredibly positive for NAKD, and this should assist in the rally. Increasing buy volume is also shown and everything indicates a move higher. Enjoy the ride! Let me know if you require further updates. WE GONNA MAKE IT!
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So far the monthly looks very promising!! We are holding the range which was a previous resistance. If we continue to move higher the next range to gain is around the $3 area. This would indicate a bull trend for this stock and will likely continue to gain levels as it continues to trade.
If it run, it can go around 25 USd maximum due to the Huge amount of shares, thank you and plz add your goals
djhodnett
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@abudeem15, what is your reasoning for 25 usd? IF this level is tested its likely to continue to recent highs.
abudeem15
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@djhodnett use fibo from top to bottom abd you will understand why $25
djhodnett
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@abudeem15, Fibs give an indication for areas of interest, but do not tell anything more. I would take profits along the way and wait for confirmation of a reversal.
Weke11
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pt?
djhodnett
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@Weke11, My 1st PT will be in the range of 7 USD. If this level holds and we make this support then i see much higher.