VFC Precarious Technical Setup

Fundamentally I have little to say about VFC's business... other than a recent increase in debt levels VFC's fundamentals remain solid in my opinion.

The technicals paints a very different picture. Subjectively, VFC has formed a long term head and shoulders pattern. A decisive move below the double bottom support level of roughly 45.00 a share should lead to aggressive price depreciation for VFC. Next strong support for VFC is around 28 a share. I see 35 a share coming soon for VFC.

This is not trading advice just what I see coming in the near to mid term future for VFC. Thanks.