Long
Nakd Elliott Wave 4/5/C with Wave 3 at high of 5.28
Nakd is still in an ABC correction as of right now with today's ending price possibly being wave 4 of 5 of C of 2. If Nakd closes above .629 on the daily then this count is invalidated and Wave 3 has started with a height of 5.28, possibly higher but just being conservative. As of right now expect a drop to a minimum of .463 for a flat correction for wave C and as worse as an expanded flat correction to around .403 (rough estimate). If we close lower then .4 then we are still in a correction. Good day all.
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