VSCO - Victoria’s Secret isn’t secret anymore !

By just4tradin
Updated
VSCO seems like bottomed out around 14 and up 100%+ from there already.

Either can start building long position here
Or
Wait for a pull back or trend-line break and hold.

Either way, Target 1 : 40 and Target 2 : 50

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Added starter long position. 20 would have been a better entry though.
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Thought of posting this last night

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Up 15% from the bottom, will trim most of my position here between 27 - 28.
I'm expecting a pull back again back 22-23 levels to complete this ABC correction cycle. Will load up the boat in that area.

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Trade closed: target reached
Booked profit as per plan for this target.
This pull back can give a reentry opportunity around 21-22-23

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Well well well.. some crazy price action with high volume going on at this level. Last time it was short squeeze, probably same again. If that’s the case, can we expect some crazy run up again ?

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Added back some small position
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Up 15% from my last add at 26's.
Trimmed few, will add on pullbacks. This gonna explode until 50's

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Added more commons today.
33-34 level can give some resistance. After that our Target#1 - 40 !

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elliottwaveanalyisElliott WaveFibonaccifibonnacciVSCO

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