BREAKOUT STOCK ALERT UPDATE
$NAKD - Naked Brand Group Limited - Ordinary Shares
Initial Alert Price: $1.89
Price High: $1.47
% Gains/Losses: -22.22%
(-60.62% Less Than Expected)
Potential Stop Loss: $1.3965
NAKD brand gapped up in today's trading session by gaining 30.75% in today's open but still being -22% below our initial trade alert. We're holding this as on a 20-30 Day Basis in order to give the stock time to bypass the current "Short Squeeze" Phenomena in order to gain the 37.5 - 40% Profit Target that we are expecting from the trade. The stock actually hit 25% profit gains shortly after we provided our original trade alert, but became victim to the volatility of the Short Squeeze as expected just like all of the other stocks in yesterday's trading session. We're still looking to at least retest those $2.37 Price Levels and continue forward to retest those $2.62 Price Levels again in the trading sessions to come. Keep an eye on how this performs in tomorrow's premarket session and market open to determine if you're willing to hold out in order to obtain the potential gains that we are looking for. Keep in mind that if we retest $2.37, you would still at least achieve a 25% gain from our initial trade alert. #Breakout #Stocks #Trading #Investing #Alerts #StockMarket #Daily #News #Today
$NAKD - Naked Brand Group Limited - Ordinary Shares
Initial Alert Price: $1.89
Price High: $1.47
% Gains/Losses: -22.22%
(-60.62% Less Than Expected)
Potential Stop Loss: $1.3965
NAKD brand gapped up in today's trading session by gaining 30.75% in today's open but still being -22% below our initial trade alert. We're holding this as on a 20-30 Day Basis in order to give the stock time to bypass the current "Short Squeeze" Phenomena in order to gain the 37.5 - 40% Profit Target that we are expecting from the trade. The stock actually hit 25% profit gains shortly after we provided our original trade alert, but became victim to the volatility of the Short Squeeze as expected just like all of the other stocks in yesterday's trading session. We're still looking to at least retest those $2.37 Price Levels and continue forward to retest those $2.62 Price Levels again in the trading sessions to come. Keep an eye on how this performs in tomorrow's premarket session and market open to determine if you're willing to hold out in order to obtain the potential gains that we are looking for. Keep in mind that if we retest $2.37, you would still at least achieve a 25% gain from our initial trade alert. #Breakout #Stocks #Trading #Investing #Alerts #StockMarket #Daily #News #Today
Tim Burks | Founder - MyMI Wallet
Empower your finances with our Personal Budgeting and Investment Forecasting Tools. Unlock your investment potential today at MyMI Wallet.
www.mymiwallet.com
Empower your finances with our Personal Budgeting and Investment Forecasting Tools. Unlock your investment potential today at MyMI Wallet.
www.mymiwallet.com
