The stock broke a resistance level yesterday with extremely high volume after publishing better than expected reports, is in positive momentum
Buy - $19.5
Target price in the attached picture...
Not a recommendation of course...
Don't forget the rule... the only way to trade the stock market... look at my signature below
Otherwise it won't work...
Keep in mind...
Vipshop Holdings Limited (NYSE:VIPS) has shown significant performance in the stock market with an impressive 11% increase over the past month. This growth prompts a deeper look into the company's key performance indicators, especially considering the high return on equity (ROE) of 23%, indicating the company's efficiency in generating profits from its...
Analyzing the options chain and the chart patterns of VIPS Vipshop Holdings Limited prior to the earnings report this week,
I would consider purchasing the 18usd strike price Calls with
an expiration date of 2023-9-15,
for a premium of approximately $0.55.
If these options prove to be profitable prior to the earnings release, I would sell at least half of...
Looks like NYSE:VIPS had been basing for about 5 months before breaking out of resistance on June 6 on slightly better than average volume. Since that breakout and peak on June 15th, it has been pulling back to the breakout area. I like these retest entries. Depending on the market today and the performance of NYSE:VIPS , I will be looking to enter a trade on...
If you like value stocks this is one for your portfolio.
Fundamentally strong. Technically Strong.
I like this stock.
Short term PT of $24
Long term PT of $50+
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...
VIPS is one of the best looking China stocks at the moment. It is a similar business to JD except about 1/10 the marketcap. I am long VIPS looking for some strong action into the low to mid 20s over the next few months. stop is a close under $12
Good relative strength (to the NASDAQ), larger than average volume for a few days including today, and a clear break of price at the top of the consolidation range which began near the start of 2023. Looking bullish.
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Fundamentals
The Chinese market has not performed rather well year-to-date, which makes the price action of VIPS that more impressive .
Despite the wider market struggling, the firm showed strong growth last year with 35% growth in earnings. The recovering Chinese market might propel even more demand (which is the Chinese government actively supporting)...
Bullish argument for VIPS:
1. formation of inverted H&S
2. now above 200 days moving average
3. held above neckline and 200days MA for the past 2 wks
Less bullish:
volume is below average (would have prefered to see stronger volumes esp upon breakup)
Let's see if this inverted H&S will work out.
Disclaimer: Just my 2 cents and not a trade advice. Kindly do your...
The first cycle of decline has been completed and a correction to it is now developing. As part of this corrective growth, we can test the broken trend line in the area of 17. Well, or at least test the upper boundary of the equilibrium channel of the descending forks area (12.88). So it seems to me it is possible to take away this movement. Buy from the current,...
Almost at the lowest price to sales ratio ever.
9 monthly lower highs.
China fud and fear has gotten extreme.
Munger just doubled down on BABA.
I'm long with a long term outlook.
