trdollar
Long

This Pattern for $VIPS is working, and I don't know why

NYSE:VIPS   VIPSHOP HLDGS LTD
There is an interesting decline in VIPS             , and the lows fall along a gentle curve with a strong declining trend marking the top of the movement. It has broken out, retested and continues to move higher in a tight trend. It might be a safe time to start building a position.

This is not investment advice. Consult a financial planner before making any investment decisions.
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