BIG interest in this name from retail & institutional buyers
Decent short interest gives squeeze potential
$3.80-$3.90 saw huge volume, looking to get long in this price range
I'm starting to really like NAKD for a revival play after a significant double bottom off the 200-day moving average around $0.48. There is now a clear defined risk-reward with a stop below the double bottom low.
Technically price is showing signs of recovery with the 200-day moving average holding nicely resulting in a strong double bottom and higher lows since...
Full disclosure I'm long WISH since $10.68.
Wish is the talk of the town lately and showing a very similar setup to the many previous stocks that pumped recently. Comparing price action to the latest, CLOV, you can see it is very similar. A long-term downtrend, followed by a bottoming and accumulation period, then a sharp reversal and a pump to a new all-time...
