Vipshop is a Chinese Online retailer very similar to Amazon. The growth potential for companies like Alibaba and Vipshop is enormous. You can catch a dip here at the bottom of it's linear regression. This stock is going to continue it's long term trend throughout the year. It's almost doubled twice already this year, and I expect it to continue it's upward movement.
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...
8-22 Classic case of the Bunny Hop dance all within a clearly defined uptrend channel.
Two steps forward, one step back, two steps forward one step back and so on. That's the bunny hop dance.
So applied to the stock market? Two steps forward to trend channel resistance, one step back to trend channel support and that is the trend and its currently your...
Hard to bet against a strong uptrend, RSI and UA predicting a possible top and a new formation of a possible big drop. This is also supported by EWs. If u decide to take a short position, don't risk more than 2% of your total account size. This is high probability trade which has 75% and above to make money next few months. Follow us for more to come. Stay tuned.
2 Weeks ago I posted on VIPS, the stock is ready to break out of its cup, watch it and look for buying pressure and volume, it is Chinese stock so caution on it as can be more issue on the numbers
Vipshop is very strong as it came from $30s with igniting move to $180. Then entered into controlled pullback and found support aorund $130. During recent move stock bounced from support, regained moving averages, broke intermidiate resistance at $160 which now acts like support. Yesterday it closed in front of resistance at $180. Maybe if it will go through...
This is probably too short to really qualify as a textbook C&H but still consolidated nicely over the last 7-8 weeks and now ready to move. TL break-out today and once clears 179.73 and 181.81, it should run fairly quickly to 200.
PER Investors Business Daily: sales have skyrocketed from $2.8 million to $692 million over this period. The company became profitable last year, when it earned $1.12 a share. Revenue surged 145% to $1.7 billion.
Analysts polled by Thomson Reuters see Vipshop's earnings jumping 127% this year to $2.54 a share. Growth is expected at 77% in 2015.
