Long

NAKD

By SmoothJB
Naked Brand Group Ltd (NASDAQ:NAKD) has an increasingly bullish bias on the daily time frame, with the stock now trading above the 70c resistance level. Plus, the emergence of a potential inverted head and shoulders pattern with a neckline around 78c frame offers a strong indication that the stock can still trade much higher over the short-term. Note: It is a penny stock so trade with caution.
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