trdollar

VIPShops Poised to return to uptrend

Long
NYSE:VIPS   Vipshop Holdings Limited
Broke 35-day downtrend
New upward trend channel forming
Bullish MACD crossover on daily chart
Stochastics turning up strongly
Accumulation turning upward
Big daily volume toward bottom
Should pull back and then continue higher (wait for trend confirmation)

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