Victoria's Secret confirms breach of pivotal resistance - Analysis - 22-11-2022

Economies.com
2022-11-22 12:41PM UTC

Victora's Secret & Co's stock (VSCO) rose anew in the last session and closed above the pivotal resistance of 43.75, amid the dominance of the upward correctional trend in the short term, with positive pressure from the 50-day SMA, marking a profit of 0.41%, or 18 cents, and settling  at 44.17.

 

Therefore we expect more gains for the stock, targeting the resistance of 50.70, provided it settles above 43.75. 

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Expected trend for today: Bullish

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