Victorias Secret Co (VSCO) stock price recorded gains in its latest intraday trading after rebounding from support at the 50-day SMA, which provided positive momentum and helped drive those gains. The stock remains under control of the main short-term upward trend, trading along major and minor supporting trend lines, although RSI is starting to show negative signals that may limit further upside.
Therefore we expect the stock price to rise in upcoming trading, as long as it holds above the $53.25 support level, targeting the key resistance at $66.90.
Todays price forecast: Bullish