Investors certainly have to be happy with Vipshop Holdings Ltd – ADR (NYSE:VIPS) and its short term performance. After all, the stock has jumped by 24.1% in the past 4 weeks, and it is also above its 20 Day Simple Moving Average as well. This is certainly a good trend, but investors are probably asking themselves, can this positive trend continue for VIPS?

Can The Uptrend Continue for Vipshop Holdings Ltd - ADR (VIPS)?

While we can never know for sure, it is pretty encouraging that estimates for Vipshop Holdings Ltd – ADR (NYSE:VIPS) have moved higher in the past few weeks, meaning that analyst sentiment is moving in the right way. Plus, the stock actually has a Zacks Rank #2 (Buy), so the recent move higher for this spotlighted company may definitely continue over the next few weeks.

VIPSHOP HOLDNGS (VIPS): Free Stock Analysis Report

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