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Amazingpowerpatternguy
Sep 10, 2014 1:22 PM

VIPS- Head And Shoulders Top Forming? 

Vipshop Holdings LimitedNYSE

Description

As you can see, overall this issue is starting to get that look. The look of a Head And Shoulders top formation with this issue currently in right Shoulder build out mode (Pink bear Channel). Until it breaks (IF) to the downside of the potential right shoulder there is nothing to talk about, just watch. The other scenario to be on the lookout for is that of a retest of highs, but then that could be construed as a potential double top in the making just like BIDU recently did.
Comments
Amazingpowerpatternguy
8:49 CST Well that was quick! BAMM!
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