ss1
Long

Ascending Triangle Pattern Signaling Price is Going Up Soon

NYSE:VIPS   VIPSHOP HOLDINGS LTD AMERICAN DEPOSITARY SHARES, EACH REPRESENTING 0.2 ORDINARY SHARES
17 0 1
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.
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