$VIPS rising wedge$VIPS in a rising wedge on 60.
Negative divergences on RSI and MACD.
Watch for a move down.
VIPS trade ideas
LONG VIPS at $3.80 areafrom W Chat, VIPS will form a bullish BAT if it falls to $3.8~$4 area.
Great upside potential, target 1 at $14 and target 2 at $20.
Long VIPS to 15I was alerted to some unusual activity in VIPS APR 13 Calls on Friday afternoon and bought sight-unseen due to the Chinese exposure, volume and time-to-expiry. Since then, the stock is up 9% and the calls have returned 106%. Chinese officials are doubling, well tripling down on debt - from easing loan-loss provisions for banks to increasing margin lending debt. I think you have to buy that market. VIPS looks like a great way to do so. Look for a breakout from the current channel prior to filling the gap at $15.
VIPS looking really bullishBroke immediate downtrend, double bottom in place, MACD just crossed 0, RSI is rising and in bullish zone, 10sma above 30sma, good volume on today's breakout. Nice place to go long with stop loss below 12.
Vipshop - $VIPSCould be nice play along trend line.. let's clear and hold $20 first. 50-day and 100-day moving averages above could be some resistance.
Earning and thereafterSome price actions after ER. long some starter position during prior sell off . little underwater so far.
The Amazon of China is Attractively Priced 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.
VIPS- Head And Shoulders Top Forming?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 retest of highs, but then that could be construed as a potential double top in the making just like BIDU recently did.
VIPS- The Trend Channel Is Your Friend8-22 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 friend.
For Informational and educational purposes only, these are not recommendations.
Is EW's warning Real?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.
VIPS: Follow up on VIPS AWAY2 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
VIPS approached to highsVipshop 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 resistance it may caught some follow through.
Nice little breakout todayThis 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.
Vips AwayPER 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.
VIPS make new highVIPS make new high
a bullish signal long/buy on break 94.3
target 99
stop loss 89.9
