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RSI Shows Bullish US Stocks: $NAKD $DXLG $AYX

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Naked Brand Group Introduces Naked Ultraviolet Eyeshadow Palette

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Naked Brand Group Ltd (NASDAQ:NAKD) with an RSI of 26.26 looks bullish. The company has introduced the NAKED Ultraviolet Eyeshadow Palette at Uban Decay. The purple ode has become a popular identity of what Urban Decay stands for. The palette consists of 12 peach and purple shades that offer amazing pop effects as well as a sentimental 1990s mood on every look.

The 12 shades of purple will offer a vibrant color to the eye makeup and also rekindles lost inspiration of the 90s. The NAKED Ultraviolet Eyeshadow palette has a double brush that is vegan developed without animal tests.

Destination XL Reports 49.3% Decline in Sales In Q1 2020

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Destination XL Group Inc. (NASDAQ:DXLG) looks bullish and has an RSI of 26.35. The company has promoted Ujjwal Dhoot from Chief Digital Officer to Chief Marketing officer as of August 2, 2020. Dhoot who joined the company last year hs been spearheading the marketing department over the pandemic and under the new role will now oversee all Destination XL's aspects of brand positioning.

Recently the company released its Q1 2020 result and offered corporate updates amid the COVID-19 pandemic. Sales in the quarter dropped 49.3% to $57.2 million from $113 million in Q1 2019. Net loss was $41.7 million while adjusted EBITDA was $18.9 million. The company ended the quarter with cash of around $26.1 million and debt of 96.5 million with a credit facility balance of $16.8 million.

Alteryx Partners With Onepoint And Announces Q2 2020 Results

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Another stock looking bullish is Alteryx Inc. (NYSE:AYX) whose RSI of 26.78. The company has entered a partnership with Onepoint to enhance employee management consulting. Through the partnership, One point is expected to integrate the APA Platform of Alteryx into its employee management consulting solution in the Asia Pacific region. Initially, the offering will focus on data-aided solutions for an unequal workforce. Some of the areas of focus will be employee upskilling, identifying employees at-risks, and promoting diversity through the use of data.

Alteryx has announced that in Q2 2020 despite the effect of the pandemic the company managed to grow its YoY revenue by 17% to $96.2 million. On the other hand, annual recurring revenue was up 40% YoY to more than $430 million.

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