Long Position on BZUN @ $32.00 on 8/15/2017 (Momentum)

Baozun Inc. (BZUN) provides e-commerce solutions for brand partners in the People's Republic of China.

It offers end-to-end e-commerce solutions, including IT infrastructure setup and integration, online store design and setup, visual merchandizing and marketing campaigns, store operations, customer services, warehousing, and order fulfillment.

The company also operates Maikefeng mobile application that offers various branded products.

It serves brand partners in the apparel, appliances, electronics, home and furnishings, food and health products, cosmetics, fast moving consumer goods, insurance, and automobile categories. Shares have formed a bullish "cup and handle" ahead of its quarterly results on August 21. The formation is supported by the stock's 30-day moving average shown in brown.

Street expects EPS of 10 cents on revenue of $131.2 Million. Higher share prices are expected for this stock.

52-Weeks Trading Range: $9.20 - $34.98

Entry Point: $32.00

Stop Loss: $30.40

Target Price: $35.20

Updates

8/30/2017 12:40:55 PM

BZUN closed at $27.

Position closed on 8/30/2017 at price of $32.00 with a 0.00% gain in 15 days.

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