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
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,...
The China tech sector has been over sold for many months and could be reversing here. VIPS is an online discount retailer for brands.
VIPS resistance at $13, ER is on Nov 18 pre market.
Options - There are over 13000 $13 calls in OI Nov 19th. Put call ratio is .58
Look for an ER beat. GL!
The chart pretty much speaks for itself. A double bottom looks to be forming at $10. The next level of support below $10 is around $6, so I would set my stop around $8, and adjust share size based on how much you want to risk.
emerging market (china), value, growth, and heavy accumulation...
This channel looks like the start of a longer term bottom, but this could take many months to play out and until these lower lows stop, it's a falling knife. Expect value investors to start getting very interested in this as it falls.
1 minute AVG accumulation data..!
Hey Guys, as you are probably aware, due to the Everglade scandal and everything with the Chinese market, lots of the stock dropped a lot, as VIPS.
On the chart, you can freely see that we already reached the strong bottom line, where we have already retested 3 times, in the last 3 days. Regarding the Indicator, RSI you can clearly see that we have enourmous...
In Q2 2021, the company generated CNY 29.6 billion in revenue, with a year-on-year increase of 22.8%.
According to Vipshop's Q2 2021 financial announcement:
- Revenue rose by 22.8%, reaching CNY 29.6 billion.
- Net profit hit CNY 1.1 billion, representing a year-on-year decline of 26.7%.
- As of June 30, 2021, Vipshop had cash, cash equivalents and restricted...
$VIPS bounced hard from the entry price & looks like it wants to continue higher. Currently long 8/20 24c and averaging down on pullbacks
The rest of china looks strong too: $BABA $JD $PDD $BIDU
See my previous $VIPS idea here
First I want to give mad props to MADO for his/her Divergence MACD Indicator. I found this last night and this is what I have found while using it. Although it doesn't preplot every divergence I would like to see and there are a lot of other things I wish it did...maybe some programmer or Mado themselves would like to help put what I see all together into one...