Vera Bradley, Inc., through its subsidiary, Vera Bradley Designs, Inc.,
engages in the design, production, marketing, and retail of stylish and
functional accessories for women under the Vera Bradley brand. Its
products include a range of handbags, accessories, and travel and
leisure items. The company sells its products to specialty retailers
primarily in the United States, as well as to national retailers and
third party e-commerce sites. As of January 28, 2012, it sold its
products directly through 48 full-price stores and 8 outlet stores in
the United States; 7 pop-up stores in Japan; Websites, including
verabradley.com and verabradley.co.jp; and an annual outlet sale in Fort
Wayne, Indiana. The company was founded in 1982 and is headquartered in
Fort Wayne, Indiana.
To review Vera's stock for potential trading opportunities, please take a look at the 1-year chart of VRA (Vera Bradley, Inc.) below with my added notations:
To review Vera's stock for potential trading opportunities, please take a look at the 1-year chart of VRA (Vera Bradley, Inc.) below with my added notations:
VRA had been trending lower since October of last year and appears to have bottomed out in June. Over the last (4) months the stock has established two important price levels worth watching: The $20 support level (blue) and the common resistance level (red) at $25. The stock is currently sitting right below its resistance.
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