buy after the break and resistance level .. finally target next resistance level at 15.89
we broke downtrend channel and i see double bottom maybe rocket to the moon
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!
daily chart of stock "vips"........................................................
For my opinion growth is possible in the next 2-4 weeks. Until the new year at least. Gift Time is approaching. Do your own analysis. Don't trust anyone.
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 $8, and adjust share size based on how much you want to risk.
LONG-TERM: 2 year long bullish bat PCZ lined up at an iceline, with daily classic bullish divergence and a breakout of a wedge. (not financial advice)
emerging market (china), value, growth, and heavy accumulation... This channel looks like the start of a longer term bottom, but this could take many months to play out and until these lower lows stop, it's a falling knife. Expect value investors to start getting very interested in this as it falls. 1 minute AVG accumulation data..!
Hey Guys, as you are probably aware, due to the Everglade scandal and everything with the Chinese market, lots of the stock dropped a lot, as VIPS. On the chart, you can freely see that we already reached the strong bottom line, where we have already retested 3 times, in the last 3 days. Regarding the Indicator, RSI you can clearly see that we have enourmous...
may be Xi will be bribed to pull his leg off the tech raid pedal as china meets the wall street titans Xi to get a hard bargain so I see china stocks ready to get into high gear follow
In Q2 2021, the company generated CNY 29.6 billion in revenue, with a year-on-year increase of 22.8%. According to Vipshop's Q2 2021 financial announcement: - Revenue rose by 22.8%, reaching CNY 29.6 billion. - Net profit hit CNY 1.1 billion, representing a year-on-year decline of 26.7%. - As of June 30, 2021, Vipshop had cash, cash equivalents and restricted...
NYSE:VIPS is quite undervalued IMO and is showing bullish price action. Anticipated price action and targets are shown on the chart, stop loss daily close below 17$. Hit the like button please if you find this useful :) This is only my own view and not a financial advice, do your own analysis before buying or selling Happy Trading!
After 60 % correction VIPS is at 200MA on weekly. Or to 200MA on daily.
$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
VIPS 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...
$VIPS may have formed a double bottom at $17 Watch for a breakout of the trendline and key pivot at $19 for upside confirmation Initial targets: $20.50 | $21.50
Hello Traders, Hello Traders, As you can see on the chart VIPS is in a very important level. I expect it to start raising from this level. Otherwise, we will cut it in the red line. Happy Trade.
Possible breakout here. Entry at 20.65. Targets are 23.50 25.74