The Long Investor
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$VSCO
🕑 Added 2025-03-11 12:36:42 +0000 UTCThis is quite a sight for $VSCO, a fall from $48 to $17 now in the PM, RSI is at 8!! and the price has lost the last Fib support level, so a test of the blue ATL line is possible next at $13.74.
Holding above this level will also mean a hold above the downward channel top line.
At the very least I believe a relief bounce is due here and if the price can range between the blue lines for the next 12-18 months then I think there is an opportunity here next
But support needs to come in first before considering a position.
Comments
Nick E
You said be greedy for support and I wasn’t… now I’m greedy for a plaster 🩹
DTrades
Bought in early and averaged down - now holding 7,777 shares at $21.59. Your insights on this stock provides more peace than you realize. Appreciate the post on this ticker.
