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Fell Below 20 Day Moving Average appears for VIPS after 2.21% move
On Thursday, July 2nd, VIPS moved down 2.21% while volume was to 1.0× the usual levels. The session formed a Fell Below 20 DMA, often signaling a possible continuation. Key support levels exist at 13.13, 12.99 & 12.78, with resistance at 13.48, 13.69 & 13.83.
Current SwingTradeBot Technical Rating of VIPS: F
Today’s move could mean more—check all the signals for VIPS on SwingTradeBot.
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