VISHOP holdings Long

NYSE:VIPS   Vipshop Holdings Limited
After positive sentiment within the market following into early June VIPS is still pushing resistance and staying at a price target of $19.00. They have a grade A price momentum with 21.56% within the last three months, the stock has been profitable for a mere 68.56% YTD yet, the RSI index indicates that the stock is beginning to become over bought as it reaches (RSI 70.65, RSI MA 53.64). This is also Indicated by an avg. rate of Suprise on earnings of 41.8%.

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