NAKD Breakout Stock Alert
BREAKOUT STOCK ALERT
NNAKD - Naked Brand Group Limited - Ordinary Shares
Initial Alert Price: $1.89
Potential Price: $2.62
Potential Gains: 38.62
Stop Loss Limit: $
Looking for NAKD to hit to retest the $2.62 Price Levels over the new few weeks and find strong support at those levels to then retest the $4.80 and then the $6.96 if we find support above the $4.80. The company is currently up 149.14% YoY on EPS and showing continued growth on the 5-Yr Trend from a long term investors perspective, showing the potential to go green on EPS by 2022. We understand that this stock is currently in play on the Short Squeeze movement which does provide it's risk but we have seen the stock come to a consolidation point and find new levels of support and rather strong support at those levels which is why we have decide to push this trade alert purely from the momentum of the stock vs. the social movement behind current short squeezes. #Breakout #Stocks #Trading #Investing #Alerts #StockMarket #Daily #News #Today
NNAKD - Naked Brand Group Limited - Ordinary Shares
Initial Alert Price: $1.89
Potential Price: $2.62
Potential Gains: 38.62
Stop Loss Limit: $
Looking for NAKD to hit to retest the $2.62 Price Levels over the new few weeks and find strong support at those levels to then retest the $4.80 and then the $6.96 if we find support above the $4.80. The company is currently up 149.14% YoY on EPS and showing continued growth on the 5-Yr Trend from a long term investors perspective, showing the potential to go green on EPS by 2022. We understand that this stock is currently in play on the Short Squeeze movement which does provide it's risk but we have seen the stock come to a consolidation point and find new levels of support and rather strong support at those levels which is why we have decide to push this trade alert purely from the momentum of the stock vs. the social movement behind current short squeezes. #Breakout #Stocks #Trading #Investing #Alerts #StockMarket #Daily #News #Today
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