VNET Up +- 40% From Potential Double Bottom. The Big Picture.
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.
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.
Note
21Vianet has a Zacks Rank of #2 (Buy)Note
Great +70% Gain for those that got in when suggested by my study.
I'm taking some profit to redeploy - but holding 50%.
Trade active
The 50% is working for now.
A shout out to all that follow my Trend Cloud methods.
Trade closed: target reached
Target Hit. Holding but is Risky.Note
Trading View says closed, however I'm still in with 50% as above.Note
Now up 144%
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.