Inverse Head and Shoulders has been forming here above the bottom like at $13.74. We can see that the resistance level has been the 50 Day MA at exactly $20 right now, so I believe that if a breakout can happen at this level and flipping the 50 Day MA to support then there is a move up to the 200 Day MA next at $28, which has been our commentary for sometime now.
Vietnam does look set to make a deal with the US shortly, which will help American apparel companies who have their factories here, including $VSCO.
safoo
2025-05-13 14:20:15 +0000 UTCJoaquin
2025-05-08 21:02:15 +0000 UTC