Victoria’s Secret & Co., ( NYSE:VSCO ) experienced a staggering 30% drop in premarket trading on Thursday, sending shockwaves through the market as the lingerie giant's full-year sales outlook disappointed analysts and underscored its ongoing struggle for relevance. The company's projection of $6 billion in net sales for the year fell short of expectations,...
VSCO seems like bottomed out around 14 and up 100%+ from there already. Either can start building long position here Or Wait for a pull back or trend-line break and hold. Either way, Target 1 : 40 and Target 2 : 50
* Got bid UP in late November, ahead of (then after) a bigger LOSS than expected at Earnings. * Churned for 1 month up here (between $25 and $29) * Finally broke down BELOW support at 25. * "2 down month in force" according to Strat * Technically, it's a pretty strong double top at $29 visible on this daily chart. IF this stock holds BELOW 25, then I would like...
To begin, I am not a Seasoned Trader; I use this blog for: 1. Record keeping; & 2. Formalizing my thoughts a. If I can't explain simply here, I shldn't engage To begin, my Rules of Engagement ( RoE ) to identify an upside of +3 to 1 Risk to Reward ( “R/R” ). • Asset | VSCO ( Victoria Secret ) • Type | Equity • Position | Short • Entry | $ 39.52 • Stop Loss (...
NYSE:VSCO daily: Inverse head and shoulders bottom MACD turning positive 20 EMA above 50 EMA and both are accelerating up Today's close was the highest in months