Bath & Body Works Inc

BBWI remains in a Stage 2 advance marked by a series of higher highs and higher lows, but the mid-July Bullish Exhaustion pattern signals waning upside momentum. Price is pulling back into the rising 9/21 EMA support zone on lighter volume, with no broad exhaustion evident. The medium-term tradable bias stays bullish, aligned with the upward-tracking EMAs. Execution favors dips into the EMA support area. Buy Now to engage in the ongoing advance.

• ↑Strong earnings yield suggests undervaluation versus peers
• ↑International revenue up 9% YoY, approaching $1 billion
• ↓Q1 revenue fell 3.2% YoY to $1.4 billion despite cost controls