Peet_Serfontein

BBWI: building on its 200-week simple moving average

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BATS:BBWI   Bath & Body Works, Inc.
A price action above 46.00 supports a bullish trend direction.
Further bullish confirmation for a break above 48.00.
The target price is set at 50.00 and 54.00 (its 78.6% Fibonacci retracement level).
The stop-loss price is set at 43.00 (its 200-week simple moving average).
Building on its 200-week simple moving average, which might support the upside price potential.

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