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Vipshop Holdings Limited (VIPS) Message Board

  • thetechtraderca thetechtraderca May 3, 2013 7:54 AM Flag

    Harry Boxer's Charts of the Day

    Harry has posted a Charts of the Day video on VIPS at TheTechTrader site noting: Vipshop Holdings Limited (VIPS) has a fantastic rising channel. After the breakdown in October at around 6 1/2, this stock has gone up five-fold. Yet, it is consolidating, holding the 50-day moving average and trend line, it formed a little wedge, and broke out, up 1.96 to 33.63, or 6.2%, on 701,000 shares, the best volume in about 3 weeks. It looks like this one is going to run some more. The short-term target is in the high 30’s and the intermediate-target is 50.

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VIPS
23.7595+0.6895(+2.99%)3:40 PMEST

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