Short VSCO
* Got bid UP in late November, ahead of (then after) a bigger LOSS than expected at Earnings.
* Churned for 1 month up here (between $25 and $29)
* Finally broke down BELOW support at 25.
* "2 down month in force" according to Strat
* Technically, it's a pretty strong double top at $29 visible on this daily chart.
IF this stock holds BELOW 25, then I would like to see this drop to $20 by March, which I think is VERY doable.
* Churned for 1 month up here (between $25 and $29)
* Finally broke down BELOW support at 25.
* "2 down month in force" according to Strat
* Technically, it's a pretty strong double top at $29 visible on this daily chart.
IF this stock holds BELOW 25, then I would like to see this drop to $20 by March, which I think is VERY doable.
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