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VIPS makes New 52 Week Closing High on September 18
On Wednesday, September 17th, VIPS moved up 2.94% while volume increased to 1.4× the usual levels. Multiple bullish signals emerged — New 52 Week High, New 52 Week Closing High & Upper Bollinger Band Walk — suggesting potential strength ahead. Key support levels exist at 18.61, 18.32 & 18.18, with resistance at 19.04, 19.18 & 19.47. Meanwhile, Slow Stochastic is showing overbought conditions.
Current SwingTradeBot Technical Rating of VIPS: A
There’s more where that came from. See all of today’s signals for VIPS here.
Read full article here »