VSCO Lingerie Giant Lining Up A Legendary Leg Higher Victoria's Secret & CompanyBATS:VSCOConnectmyCurrencyVictoria’s Secret (VSCO) is breaking out of its post‑COVID slump and is now riding a clean weekly bullish channel, supported by rising moving averages and growing institutional interest. I’m building a medium‑term swing‑long position, scaling in on pullbacks within the channel, with clearly defined invalidation and multiple take‑profit levels aligned with Fibonacci extensions and prior structural highs. The weekly chart shows price respecting a rising trendline, with each dip into the lower channel boundary being bought up aggressively. My buy zone is clustered around the 0.382–0.5 Fib area and trendline support (roughly 38–44 region), where I expect buyers to step back in and defend the structure 🛡️. As long as weekly closes hold above this zone, the bullish channel remains intact and I’m happy to keep adding on confirmed higher‑lows. My initial stop loss sits just below the 0.236 Fib and last key swing low (around 32 area), which invalidates the bullish channel if broken 🚫. This placement keeps my downside capped while still giving the trade enough breathing room against normal volatility. If price closes a weekly candle below this level, I step aside and reassess, as that would signal a potential trend shift or deeper corrective phase. On the upside, I’m targeting a first take‑profit in the 57–60 region, aligning with the 0.618 Fib and a prior supply zone where sellers previously stepped in 🎯. Here I’ll look to secure a portion of profits and reduce risk by moving SL to breakeven. My second take‑profit is in the 67–70 area, which lines up with the top of the channel and an extended Fib projection – a logical place for a larger reaction or consolidation. For the aggressive moonshot, I’m eyeing the 80–85 region as a long‑term extension target, in line with the upper channel projection and long‑range fib confluence 🚀. If price reaches this zone, the R:R on the original position becomes exceptional, so I’ll be trailing stops tightly under weekly higher‑lows to lock in gains while still giving room for a blow‑off move. This is where I’d consider exiting the bulk of the position and leaving only a small runner in case VSCO trends even higher. Overall, this VSCO setup combines a clean weekly trend, clear structure, and asymmetric reward‑to‑risk. I’m not chasing candles; instead, I’m patiently waiting for price to revisit my buy zones, execute, and then let time and trend do the heavy lifting. Not financial advice just my personal swing‑trading roadmap on Victoria’s Secret 📊💼