L Brands (LB.US) stock launched today’s session with a massive bullish price gap, however buyers were unable to hold onto gains and price pulled back. Currently stock is testing strong support at $37.91. If buyers will manage to halt declines here, then another upward impulse towards $44.09 could be launched. On the other hand, if sellers will manage to break below, a bigger downward correction may start. The nearest support lies at the upward trendline. Source: xStation5Kongsberg Gruppen after earnings: The company catches up with the sector
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