Longer Term Trading Plans for VNET
- Buy VNET near 5.83 target 8.6 stop loss @ 5.81
- Short VNET slightly under 8.6, target 5.83, stop loss @ 8.62
May 18, 2025, 20:42 pm ET, BY Rick O.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
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.
The technical summary data is…







