Get started
ss1

Ascending Triangle Pattern Signaling Price is Going Up Soon

Long
Vipshop Holdings Limited (NYSE:VIPS)  
ss1  
NYSE:VIPS   Vipshop Holdings Limited
1
0
VIPS is forming an ascending triangle pattern that will soon breakout higher. The resistance line of around $110 has been holding , but you can see the sellers starting to get edge out with higher lows. Look for the red resistance line to break sometime in the next four trading sessions.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.