NAKD - Short Term - We look to Buy at 0.5220 (stop at 0.4286) Trading within a Bullish Channel formation. Price action has stalled at good support levels and currently trades just above here (0.5000). Previous resistance located at 1.0000. Offers ample risk/reward to buy at the market. The bias is still for higher levels and we look for any dips to be limited....
Cenntro Electric Group Limited (NAKD) unveiled its state of the art autonomous vehicle, the iChassis skateboard, at the 2022 Consumer Electronics Show (CES). iChassis production will begin by Q1 2023. Cenntro has sold and delivered 3300 commercial EVs in more than 26 countries as of December 2020. My price target for NAKD in 2022 is $13.
Both technical analysis and fundamentals are looking ready for a comeback. Cenntro produced 628 electric vehicles in December 2021 - highest volume in a single month 2022 guidance to deliver a minimum of 20,000 vehicles. Market Cap 390.294Mil, still small. My price target is the 11.50usd resistance. Looking forward to read your opinion about it.
Great Entry Point. Panic Selling and Short Attack. Buy the dip
Reversal. Double from current level. Reduced float size.
Naked shareholders will receive 7 shares in the new entity for every 3 existing NAKD shares they own. The combined company will have a market capitalization of nearly $2 billion. Cenntro Automotive, NAKD`s merger, is a leading EV technology company with advanced, market-validated commercial vehicles, that has selected Jacksonville, Florida for its first U.S....
Investorplace Naked Brand has acquired U.S. electric vehicle startup Cenntro Automotive, giving the lingerie company access to the high-flying EV space. Naked Brand announced yesterday that it will swap 70% of its outstanding shares, plus $282 million in cash, for Cenntro Automotive, an electric vehicle developer that has, to date, sold nearly 4,000 commercial...
From the chart for NAKD you can see we are in aN accumulation RANGE. We have higher lows being formed on the daily, with price being restricted in a 50% range. This is evident from the highs around $0.95 and lows around $0.50. This therefore tells us we are holding the previous resistant level, and market makers are fueling for the next leg up. NAKD's price is...
Wave C is forming and this is expected given the Wave A origin break, Jurik's momentum divergence and finally crossing of median on directional movement. Fibs are our friend at indicating goals and eliminating a million of non viable possibilities. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game....
Chart is looking good. Merger plan is underway. Buy rumor sell news.
$NAKD clean break + retest final nakd broke out of long downtrend and moved above 0.80, to then laster retest at new support, 1$ seems not fare, if the markets allow. first major target 4$, announcement on new tech dropping soon, all looks prime for NAKD
Nakd brand forming a great bottom for another run
Further to my previous call on NAKD we have continued to hold support. I suggested that this is a good level to add to your long position for NAKD. With a continuation up we should move to the origin of the move that brought NAKD to these low levels. I must also add that news is incredibly positive for NAKD, and this should assist in the rally. Increasing buy...
-Catalyst reminder that this stock was reported to have $270 million cash on hand with a market cap of $535M -Also good watch for Monday as well as we are looking to play this ascending triangle - Clear sector shift to ESG (Environmental, Social, Cooperate governance) aka "green tech" -Multiple volume spikes through out last week looking for the same volume here
buy point=$0.35 time=5-18 August
Still Squeezing....Last tries of bears ..... I see agressive sellers are exhausted... But...Fundamentals should help...