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small-cap

One NYSE-Listed Apparel Stock at Resistance Level: Victoria's Secret & Co.

Sep 09, 2024 | Team Kalkine
One NYSE-Listed Apparel Stock at Resistance Level: Victoria's Secret & Co.

VSCO
Investment Type
Small-Cap
Risk Level
Action
Rec. Price (US$)

Victoria's Secret & Co.

Company Overview: Victoria's Secret & Co. (NYSE: VSCO) is a specialty retailer of women's intimate and other apparel and beauty products marketed under the Victoria's Secret, Victoria's Secret PINK (PINK), and Adore Me brand names. It offers a range of products across intimate apparel, sleepwear, loungewear, swimwear, and beauty.

As per our previous US Daily Report published on ‘VSCO’ on 02nd July 2024, Kalkine provided an ‘Speculative Buy’ stance on the stock at USD 15.78 based on price action, recent key business and financial updates, momentum in the stock over the last month, and technical indicators analysis” and the stock price has now moved by ~50.25% since then and has attained resistance 1 and resistance 2.

Noted below are the details of support and resistance levels provided in our previous report:

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