hockeysniper

VIPS - Watch for earnings break out

Long
NYSE:VIPS   Vipshop Holdings Limited
The China tech sector has been over sold for many months and could be reversing here. VIPS is an online discount retailer for brands.

VIPS resistance at $13, ER is on Nov 18 pre market.

Options - There are over 13000 $13 calls in OI Nov 19th. Put call ratio is .58

Look for an ER beat. GL!

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