Victoria’s Secret & Co. (VSCO)Preparing for Expansion Above 66
Following a strong earnings-driven rally, VSCO transitioned into a clean and tight consolidation range between 61 and 63. The broader bullish trend remains intact, with price holding above the 21 EMA. Compression within an established uptrend typically precedes expansion.
Market Structure & Breakout Analysis
• Higher highs and higher lows confirm bullish trend continuation.
• Price remains above 21 EMA (dynamic support).
• Volatility contraction inside 61–63 signals accumulation.
• A decisive daily close above 66 confirms supply absorption and trend continuation.
Measured Move & Upside Projections
Range Height ≈ 2 points
Target 1: 75
Target 2: 75+ (prior high zone if he sustain above 75 )
Momentum Extension:** 75+ if volume expands
Risk Scenario & Invalidation
Failure to sustain acceptance above 66, particularly on declining volume, may indicate a false breakout. In such a case, price could revisit 56 support, with extended downside risk toward 55.50 Bias remains bullish above 66. Structural invalidation occurs on sustained breakdown below 53.
Disclaimer
This report is for informational and educational purposes only and does not constitute investment advice, financial advice, or a recommendation to buy or sell any security. Market conditions can change rapidly, and past performance does not guarantee future results. Investors should conduct their own due diligence and consult with a licensed financial advisor before making investment decisions.
Analysis by -Shahzad Ahmad
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