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.