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.% | ||
|---|---|---|---|---|---|
|
|
|
1.0173
|
-0.0046
|
0.4488%
|
|
|
|
|
1.2099
|
-0.0005
|
0.0430%
|
|
|
|
|
20.104
|
-0.146
|
0.721%
|
|
|
|
|
86.708
|
-0.553
|
0.634%
|
|
|
|
|
92.34
|
-2.76
|
2.90%
|
|
|
|
|
1774.645
|
-7.040
|
0.395%
|
|
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