May 18, 2025, 20:42 pm ET, BY Rick O.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for VNET
- Buy VNET near 5.83 target 8.6 stop loss @ 5.81 Details
The technical summary data tells us to buy VNET near 5.83 with an upside target of 8.6. This data also tells us to set a stop loss @ 5.81 to protect against excessive loss in case the stock begins to move against the trade. 5.83 is the first level of support below 6.43 , and by rule, any test of support is a buy signal. In this case, support 5.83 would be being tested, so a buy signal would exist.
- Short VNET slightly under 8.6, target 5.83, stop loss @ 8.62 Details
The technical summary data is…
May 19 2025
