VIPS 13.54 – neutral – Posts a new 18-month low near key retrace
VIPS fell to a new 18-month low at 12.02 (November 16, 2015), retracing 61.8% of the 0.41/30.72 rise (April 2012 low/April 2015 high) before consolidating. Oversold indicators caution for short-term bounces. While the 14.68 area (August 24, 2015 low) caps any bounces, scope remains for further downside below 12.02 to the 7.58 area (76.4% of the 0.41/30.72 rise. However, recovery above 14.68 would prolong the consolidation towards 17.04 (October 14, 2015 low) which may cap.
Outlook:
Daily: bearish
Weekly: bearish
VIPS fell to a new 18-month low at 12.02 (November 16, 2015), retracing 61.8% of the 0.41/30.72 rise (April 2012 low/April 2015 high) before consolidating. Oversold indicators caution for short-term bounces. While the 14.68 area (August 24, 2015 low) caps any bounces, scope remains for further downside below 12.02 to the 7.58 area (76.4% of the 0.41/30.72 rise. However, recovery above 14.68 would prolong the consolidation towards 17.04 (October 14, 2015 low) which may cap.
Outlook:
Daily: bearish
Weekly: bearish
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Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.