Victoria’s Secret & Co., ( NYSE:VSCO ) experienced a staggering 30% drop in premarket trading on Thursday, sending shockwaves through the market as the lingerie giant's full-year sales outlook disappointed analysts and underscored its ongoing struggle for relevance.
The company's projection of $6 billion in net sales for the year fell short of expectations,...
LB , the parent brand of Victoria's Secret, is repeating a previous fractal that resulted in an incredible bull market. This fractal involves bullish divergence on the monthy RSI. Also, the price just cross a historic support-turned-resistance level.
