KMD NZ Buying long term position

Monthly chart

Buying long term position trade for a set and forget position
Currently at
- 16% forward dividend
- Large monthly AB=CD pattern
- Monthly oversold RSI

These 3 reasons alone are enough for me to get in....

Retail is doing it tough and there are going to have to be some restructuring taking place, but it is a good brand that makes good products and I know it very well and have some of their clothes in my wardrobe
AB=CDDividendsOscillators

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