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VIPS (Vipshop Holdings) - Bullish half yearly forecast

Panjang
NYSE:VIPS   Vipshop Holdings Limited
Vipshop Holdings Ltd. is an online discount retailer for brands. The Company offers branded products to consumers in China through flash sales on its vipshop.com website. It offers a wide selection of various famous branded discount products including apparel for women, men and children, fashion goods, cosmetics, home goods and other lifestyle products, through its website. Vipshop Holdings Ltd. is headquartered in Guangzhou.

Analysis/Commentary
Strong EPS and Sales Growth Y-on-Y
Improved ratings score from investors (March 2021)

Based on the study of the previous quarterly earnings reports and subsequent price moves:
- Current quarter has seen vicious price move to the low point, from here it is holding
- Expectation for the price to move to MID during first half trading
- Trailing stop-loss on price above MID point

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Penafian

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