VNET Up +- 40% From Potential Double Bottom. The Big Picture.

Aktualisiert
VNET is Up +- 40% From the Potential Double Bottom.

Remains Extremely Risky and Speculative.
However, ones best returns are often seen from these Risks.

This is also a China Trade, and not a Long Term Investment.

However, the prior Levels do show GREAT Potential for further Upside.

I started to nibble on the Bottoms with only a few $100 and is working for now.

Follow the Larger Trend. Use 2 to 3 time frames to see the 30M, 4H and 1W Trend. Make your decision's based on the Larger 1W Trend.

This is a Speculative 6 - 12 Month Trade.

I also use the IMACD indicator to see the rate of change, also the CCI Stochastic.

As always, please get a few outside Expert's Advice before taking Trade or Investment Decisions.

Should you appreciate my Chart Studies, Smash That Rocket Boost Button. It's Just a Click away.

Regards Graham.

Anmerkung
21Vianet has a Zacks Rank of #2 (Buy)
Anmerkung
Great +70% Gain for those that got in when suggested by my study.
I'm taking some profit to redeploy - but holding 50%.
Trade ist aktiv
The 50% is working for now.
A shout out to all that follow my Trend Cloud methods.
Chart PatternsDouble Top or BottomTrend Analysis

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