Consolidation
$Naked Brand Group Ltd(NAKD.US$ If you look at the chart you will see a setup for a stair step. Consolidation at these levels is necessary. Too many weak hands were flipping their cheap shares. Hopefully they all sold so we can hold the line and methodically take the stock North. The last thing we want is weak hands with shares when we approach 52wk high. Patience pays.
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Nova_solz : would be nice
just going to sit it out and see what happens
Jesuit Theatre : Yeah, let's see what happens
YoLoBr : I thought 3.40 was the 52wk high..
thanks
72PHINS OP YoLoBr : It was. Key word "was". To break that high we will need strong hands.
YoLoBr 72PHINS OP : ohhhhhhh
Charles Wellington : please let them keep selling. I'm loading up.
72PHINS OP Charles Wellington : Same ... nom nom nom. People don't even realize what they have here. It's unfortunate that most traders don't understand stocks and trade purely off of emotion. Smart hands will make money here. PATIENCE