Victoria's Secret sharpens decline - Analysis - 15-06-2022
2022-06-15 11:49:30 GMT
(Economies.com)
Victoria's Secret's stock (VSCO) kept falling in the intraday levels amid the dominance of the main downward trend in the short term, with negative pressure from the 50-day SMA, coupled with negative signals from the RSI despite reaching oversold levels, marking a new loss of 0.21%, or 7 cents, and settling at 33.90, with trading volumes surpassing 1.8 million shares, above 10-day averages of 2.4 million shares.
Therefore we expect more losses for the stock, targeting the support of 30.00, provided the resistance of 40.00 holds on.
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Expected trend for today: Bearish
| Symbol | Last | Change | Chg.% | ||
|---|---|---|---|---|---|
|
|
|
1.0499
|
-0.0090
|
0.8543%
|
|
|
|
|
1.2183
|
-0.0123
|
0.9985%
|
|
|
|
|
22.466
|
-0.690
|
2.982%
|
|
|
|
|
76.305
|
-5.170
|
6.346%
|
|
|
|
|
82.90
|
0.16
|
0.19%
|
|
|
|
|
1773.565
|
-21.995
|
1.225%
|
|
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