7Mês·

A Victorian secret

$VSCO (+2,84%)

Chart technology on the move for a change.

This could end badly...

52.05$ is the support.

During the rise a gap has formed at approx. 44$ upwards, this zone should now be approached. The GD 200 comes from below at currently 41.68$, the 100 has already been undercut.

If the supports do not hold at this level, the 33$ could even be approached. (Low from November 25)

My plan for now. Wait and see what happens this week. If we don't end up above 51$ tomorrow I will probably open a new short position on Monday afternoon.

For today I was stopped out with just under 50% profit.

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2 Comentários

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Oh well, I didn't even have this company on my radar, I'll put it on the WL :)
Regarding the chart: If you mean the gap from the beginning of December, that was an earnings gap and I'm not sure whether it will be closed.
It also looks like the end of the 4th wave in the 4h, the price has at least bounced off a plausible level and then something similar to a pin-candle/morning star has formed.
But I also see 51 - from there it could become bullish. Or variant 2: a double bottom forms at 49.
Lirum larum, we'll see 😅
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imagem de perfil
Thanks for the tip! I agree and will keep an eye on it for a small short trade. I'll buy some more underwear for my wife at the weekend.... Before we go short together on Monday....🥳
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