Looks like the 24 to 26 range trading is broken to the upside.
With the overhang of secondary gone, VIPS could be trading up in the coming days .. Expecting 30s by end of month and 40s before next earnings release
A new all time high can't be that far off now ..
I am looking at 30s followed by earnings and price upgrades. That cycle should repeat IMO for a while for this company. Let us hope VIPS management will continue to execute well and beat expectations of the street