SamSuka
The Long Investor
The Long Investor

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$VSCO - WATCHLIST -

$VSCO has been killed since December and the RSI went as low as 8, fundamentals are still strong and they beat last week on earnings

In terms of Risk v Reward, a small position here at $18 makes a lot of sense, even for a return to the 200 Day MA at $28, this changes very little for $VSCO and its future but it is a nice +73% gain.

$VSCO - WATCHLIST -

Comments

Interesting stock as it hasn’t performed with the same enthusiasm the setups showed. The risk vs reward commentary today is helpful. I started a small position. I was going through past charts as well, and from Jan 24: “The lower risk entry would be adding above the 50 Day MA at exactly $40 and holding.” and it looks like the stock never went above the 50DMA then, so the commentary then was spot on, at least in terms of how to play it if one wanted to be more conservative.

safoo

Is there an educated guess on who killed it and why please? That's an area I no v little about

Nigel


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