benjihyam

$VRA, one more retest of $6-7 range, sets up long-term uptrend

Long
NASDAQ:VRA   Vera Bradley, Inc.
$VRA has been in a bear market for the last 9-10 years. As with many value stocks, it's looking primed for a trend reversal.

It looks like we should get one more retest of the lows at $6.16-$7.67 in April-May which should setup the chance to break out of the downtrend channel.

Upside = Moon

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.