This is quite a sight for $VSCO, a fall from $48 to $17 now in the PM, RSI is at 8!! and the price has lost the last Fib support level, so a test of the blue ATL line is possible next at $13.74.
Holding above this level will also mean a hold above the downward channel top line.
At the very least I believe a relief bounce is due here and if the price can range between the blue lines for the next 12-18 months then I think there is an opportunity here next
But support needs to come in first before considering a position.
Nick E
2025-03-11 17:13:02 +0000 UTCDTrades
2025-03-11 13:30:23 +0000 UTC