TICKER CODE: NAKD Company Name: Naked Brand Group Limited Industry: Cyclical | Apparel Manufacturing | New Zealand
Technical Analysis 1. Large Pennant / Falling Wedge Pattern Brokeout and Retraced already 2. Large Head & Shoulders 3. Fibonacci Retracement at 0.786 ( Silver Zone) 4. Fibonacci Expansion Safe Take Profit Level 1 (Grey Zone) Also the length of Flagpole
Entry: Now Ready - 0.53 (Last Call - Very likely to go up from this point) 1st Partial Take Profit: 3.40 2nd Take Profit: 5.34 (Can consider to full take profit here)
Bought in at 0.54 and 0.48. Thanks for the insight!
traderprosignals
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Yea @azhikai, we'll be looking on a good run with NAKD :)
Najah000
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u think it will be go back after what happening right now every one moving to crypto ? what about nasdaq when they will dislisted them because they under 1 dollar ?
traderprosignals
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Hi @Najah000, good question. I believe it'll continue rising because the masses jumping into crypto are possibly more likely to only have cryptos in their portfolio. Long term stocks investors will not jump out of investing in stocks but will just add on crypto into their portfolio.