Vipshop Holdings Limited : Back on an important level
| Entry price | Target | Stop-loss | Potential |
|---|
|
US$22.57 |
US$32.7 |
US$19.1 |
+44.88% |
|---|
The recent downward movement has sent Vipshop Holdings Limited shares back to attractive levels situated around 21.89 USD. This zone could put an end to the downward movement and offers a good timing for new long positions.
Summary● The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
● The company has solid fundamentals for a short-term investment strategy.
● The share is getting closer to its long-term support in weekly data, at USD 15.35, which offers good timing for buyers.
● Share prices are approaching a strong support area in daily data, which offers good timing for investors.
● The company is in a robust financial situation considering its net cash and margin position.
● The group usually releases upbeat results with huge surprise rates.
● The company shows low valuation levels, with an enterprise value at -0.04 times its sales.
● Sales forecast by analysts have been recently revised upwards.
● Over the last twelve months, the sales forecast has been frequently revised upwards.
● Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.
● The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.
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VIPSHOP HOLDINGS LIMITED 
