I'm long WIPS from 17
Internet retail sector is strong now. A lot of internet retailers make the same pattern, on high volume
It looks like buyers become positive before earnings
TBH I don't know what VIPS is or why it's running, but I think it is setting up for a new run. I would like to see this continue it's consolidation in this purple area while the Bollinger bands tighten, and eventually pinch it to run up to my higher PT at 21
This indicator may be signaling that VIPS's price has further to drop, since it fell below its price logged 14 days ago. Traders may consider selling the stock, shorting the stock, or exploring put options. Tickeron A.I.dvisor backtested 71 similar cases where VIPS's Momentum Indicator fell below the 0 level, and 57 of them led to a successful outcome. Odds of...
This stock has been beaten up over the past several days. It's bouncing off the 200 SMA within overall bullish context. It also appears to be forming an ascending triangle (reversal pattern?), and hoping we can fill previous gaps. A bit conservative with the entry/stop loss given the recent market volatility. Fingers crossed...
long opportunity 19 dollars
TP 19.6
VIPS supported 3 times 18.27, 18.20 and 18.35
potential reversal, bounce, if volume comes it could be a big strong break out higher
