Victorias Secret Cos stock price (VSCO) fell in the intraday levels, while gathering momentum to rise anew, as it also vented off overbought saturation in the RSI, with negative signals coming out of it, amid the dominance of the upward correctional trend in the short term, with positive support from the 50-day SMA.

Therefore we expect the stock to return higher and target the resistance of $24.90, provided it settles firmly above $20.28.

Trend forecast: Likely Bullish