This stock at the price of $6.00 USD is great value. The main thing I want to show is the pattern that can be identified is the descending triangle pattern. This pattern has two black lines in a triangle shape. As you can see in the chart the stock price is going down. The pattern is in a way trapping the stock. In simple words, now is a perfect time to buy stock in the Naked Brand Group LTD. This is a company that makes Underwear.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.