Down -8.43% in 4 Weeks, Here's Why Victoria's Secret (VSCO) Looks Ripe for a Turnaround
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Victoria's Secret (VSCO) has experienced a significant decline of 8.43% over the past four weeks, but it may be poised for a turnaround. The stock is currently in oversold territory, and Wall Street analysts are revising earnings estimates higher, suggesting a potential trend reversal.
February 11, 2025 | 3:45 pm
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Victoria's Secret (VSCO) is in oversold territory after a 8.43% decline in 4 weeks. Analysts are revising earnings estimates higher, suggesting a potential trend reversal.
The stock has been heavily sold, leading to an oversold technical condition. Coupled with positive revisions in earnings estimates by analysts, this suggests a potential upward movement in the stock price.
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