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Added 2023-10-19 15:20:39 +0000 UTCVictoria Secrets made the headlines yesterday because they said they will no longer prioritise 'wokeness' over 'sexiness' anymore....these were their exact words!
This has been a gear chance from them and they needed to do something because their share price has fallen from $76 in August 2021 to as low $13.
The market really does not like companies jumping on the 'woke' bandwagon.
So lets see how this policy change will fair out, the chart is showing that it is close to bottoming so we are looking for signs of reversing now.
Staying above the 50 Day MA at $18 and making a higher high and higher low will be a good start.
