$VSCO
Added 2024-05-17 10:24:56 +0000 UTCVictoria Secrets have this week decided to go back to their roots and start selling clothes for healthy people and not targeting the woke generation.
Sex sells, whether we are comfortably with that or not and people have had enough of seeing photos of unhealthy people in their lingerie on posters.....it took $VSCO and their share price down from $76 ro $14 to realise this.
This could also signal a reversal for them and the price is on the cusp of breaking out of this red channel, also above the 200 Day MA here too.
A breakout and retest is what we are looking for and a route back to $26 is possibly in the short term, if we can see this, then we can add the impulse wave.
Comments
Any update on VSCO?
Baktash Azizi
2024-10-12 21:18:39 +0000 UTC
