Vipshop Holdings Limited Stock Chart

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Vipshop Holdings Limited (VIPS) “On a long-term technical basis, the stock (VIPS) is trading above its 200-day moving average which generally implies it is in a positive trend.

The stock has support at 23.08 and 21.60. If the stock breaks down through support at 23.08 then it will probably continue lower to 21.60. The stock will meet resistance at 24.02 and 27.02. If the stock breaks up through resistance at 24.02 then it will probably continue higher to 27.02. The 200-day moving average is at 16.22. This will also act as support. The stock is extremely overbought according to the Stochastic Indicator (79.83).”

Vipshop Holdings Limited Stock Chart


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